![]() Risks and uncertainties related to these endeavors include, but are not limited to, risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the public offering. This press release contains forward-looking statements, including statements concerning expectations with respect to the expected completion and timing of closing of the public offering and the anticipated use of the net proceeds from the offering. Our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. We believe that our extensive technology platform has the potential to enable leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. We are developing materials that we believe can improve the performance and efficiency of many current products as well as allow new products to be developed that we believe could not otherwise be developed without such materials across a range of applications, by inventing, designing, developing, and manufacturing sustainable, high-performance, functional materials, components, and systems. The offering may be made only by means of a prospectus supplement and accompanying prospectus. This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. Inc., Prospectus Department, 640 Fifth Avenue, 4th Floor, New York, New York 10019, or by email: or from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, by telephone at (212) 624-2060, or by email at continues A final prospectus supplement and accompanying prospectus relating to the offering will also be filed with the SEC and will be available on the SEC's website at When available, copies of the final prospectus supplement and the accompanying prospectus may also be obtained from: Ladenburg Thalmann & Co. META filed a preliminary prospectus supplement and accompanying prospectus relating to the offering with the SEC on April 13, 2023. META filed a shelf registration statement on Form S-3 relating to the shares of common stock offered in the public offering described above with the Securities and Exchange Commission (the "SEC") on November 10, 2022, which was declared effective by the SEC on November 18, 2022. META intends to use the net proceeds from the offering for working capital and general corporate purposes, which include, but are not limited to: on-going development of our existing and future products, (such as our advanced materials NPORE® and NCORE™ for Li-ion battery applications, electro-optical devices, the expansion of our manufacturing facilities and capital equipment purchases), as well as general and administrative expenses. and A.G.P./Alliance Global Partners are acting as joint bookrunning managers for the offering. The offering is expected to close on or about Apsubject to satisfaction of customary closing conditions. The gross proceeds of the offering are expected to be approximately $25 million before deducting the underwriting discount and estimated offering expenses payable by META, assuming no exercise of the underwriters' overallotment option. All of the securities are to be sold by META. ![]() ![]() Each warrant is exercisable immediately at an exercise price of $0.375 per share and will expire five years following the date of issuance. META has granted the underwriters a 30-day overallotment option to purchase up to an additional 12,500,000 shares of its common stock and/or warrants to purchase up to an additional 12,500,000 shares of common stock at the public offering price, less the underwriting discount. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that it has priced an underwritten public offering of 83,333,334 shares of its common stock and warrants to purchase up to an aggregate of 83,333,334 shares of common stock at a combined public offering price of $0.30 per share and accompanying warrant. HALIFAX, NS / ACCESSWIRE / Ap/ Meta Materials Inc. ![]()
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