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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Tue., Oct. 19, 3:44 AM

Slide #96. Meta Materials Inc. Nanotech Security Corp.

Acquirer: Meta Materials Inc. (MMAT)
Acquiree: Nanotech Security Corp. (NTS.CA)
Details: Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT)(FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today announced that it has completed the acquisition of Nanotech Security Corp. ("Nanotech") (TSXV:NTS)(OTCQX:NTSFF), a leader in the development of secure and visually memorable nano-optic security features that provide anti-counterfeiting solutions used in the government and banknote and brand protection markets, in an all-cash transaction at C$1.25 per Nanotech common share (each, a "Nanotech Share"), for a total value of approximately C$90.9 million on a fully-diluted basis ("Transaction").

Meta Materials is a smart materials and photonics company engaging in metamaterial research and products, nanofabrication, and computational electromagnetics.

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Meta Materials is a smart materials and photonics company engaging in metamaterial research and products, nanofabrication, and computational electromagnetics.

MMAT SEC Filing Email Alerts Service


Open the NTS.CA Page at The Online Investor »

Company Name:  Meta Materials Inc
Website:  www.torchlightenergy.com
Sector:  Semiconductors
Number of ETFs Holding MMAT:  13
Total Market Value Held by ETFs:  $40.10M
Total Market Capitalization:  $1.47B
% of Market Cap. Held by ETFs:  2.73%
Company Name:  Nanotech Security Corp
Website:  www.nanosecurity.ca
Sector:  Defense
 

October 19, 2021    3:44 AM Eastern
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