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Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. For more information, please visit About Roth Capital Partners Our achievements have been widely recognized, including being named a Global Cleantech 100 company. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. For more information, please visit (Source: Company Press Release | 06.25.21) Torchlight has assets focused in West and Central Texas where their targets are established plays such as the Permian Basin. (TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary objective of acquisition and development of domestic oil fields. Roth Capital Partners acted as financial advisor to Torchlight related to this business combination. as of June 28, 2021) for each share of Metamaterial Inc., to reflect the reverse split impact on total outstanding shares of Torchlight. shareholders owned the same approximate 75% after the reverse split, the exchange ratio was divided by 2, to 1.845 shares of Torchlight (which will be renamed Meta Materials Inc. subject to financings prior to the closing of the business combination. shareholders owning approximately 75% of the resulting post-merger company, Meta Materials Inc. This exchange ratio was planned to result in the Metamaterial Inc. shareholders would receive 3.690 shares of Torchlight common stock in exchange for each of their shares of Metamaterial Inc. At closing, Torchlight's name will be changed to "Meta Materials Inc." and its common stock will begin trading on NASDAQ under the ticker symbol "MMAT." Prior to the implementation of the reverse stock split, it was expected that Metamaterial, Inc.
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(NASDAQ:TRCH), an oil and gas exploration company (“Torchlightâ€) announced the closing of a business combination with Metamaterial Inc. Please see Open to the Public Investing’s Fee Schedule to learn more.Īll investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.Torchlight Energy Resources Inc. Keep in mind, that other fees such as regulatory fees, Premium subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please ensure that you fully understand the risks involved before trading: Legal DisclosuresĬommission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Securities products offered by Open to the Public Investing are not FDIC insured.Ĭryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC.
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