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Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. Settlement
(NASDAQ: MMAT)
Settlement

Claim Deadline: June 05, 2024

Settlement Fund: $3,000,000

Settlement Class

All Persons that purchased Meta Materials and/or Torchlight Energy Resources, Inc. (“Torchlight”) publicly-traded securities during the Class Period, and were damaged thereby; (b) All holders of Torchlight stock as of the May 5, 2021 record date, eligible to vote on the proposed merger with Metamaterial, Inc. at Torchlight’s June 11, 2021 special meeting of shareholders, and were damaged thereby; and (c) All holders of Torchlight stock as of June 28, 2021, the date the proposed merger with Metamaterial, Inc. was consummated, and were damaged thereby. Excluded from the Settlement Class are: (i) Defendants and their Related Parties.

Important Documents

Settlement Status

Final Approval

Class Period

September 20, 2020 - December 14, 2021

Settlement Hearing Date

May 21, 2024

Opt-Out Deadline

April 23, 2024

Claims Admin

Strategic Claims Services
Meta Materials Inc. Securities Litigation
c/o Strategic Claims Services, Inc.
600 N. Jackson Street, Suite 205
Media, PA 19063
+1 866-274-4004
info@strategicclaims.net

Levi & Korsinsky did not act as lead counsel or otherwise participate in litigating the above class action and provides this information to remind class members of the deadline to submit a claim for a share of any of the settlement fund.