Meta Materials Inc

:TRCH  
0.41
0.00 (-0.61%)
7:59:23 PM EDT: $0.42 +0.01 (+2.80%)
Mergers / Acquisitions

Metamaterial And Torchlight Sign Definitive Agreement For Business Combination

Published: 12/14/2020 17:18 GMT
(TRCH) - Metamaterial and Torchlight Sign Definitive Agreement for Business Combination.
Metamaterial Inc - Upon Completion of Transaction, Shareholders of Co Are Expected to Hold About 75% Equity Interest in Combined Co.
Metamaterial Inc - Upon Completion of Transaction, Torchlight Shareholders Will Retain About 25% Equity Interest in Combined Co.
Metamaterial Inc - Metamaterial's Ceo, George Palikaras Will Be Appointed CEO of Combined Co.