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Meta Materials Inc. (MMAT) has announced a reverse stock split that is scheduled to take effect before the market opens on January 29, 2024. The reverse split will be conducted at a ratio of 1-for-100, meaning that each existing MMAT Common Share will be converted into 0.01 new Meta Materials Inc. Common Shares. Concurrent with the reverse split, the option symbol for Meta Materials will change from MMAT to MMAT1. The new CUSIP number for the post-split shares will be 59134N302. The adjustments to the options contracts are set to occur on the same date as the reverse split, with the new multiplier being set at 100. This means that for options and futures pricing, premiums, and strike dollar extensions, a value of 1.00 will now be equivalent to $100. The Options Clearing Corporation (OCC) has made it clear that the information provided in the memo is for convenience and should not be solely relied upon for investment decisions, advising investors to independently verify all information related to the corporate event.
Meta Materials Inc. (MMAT) has announced a reverse stock split that is scheduled to take effect before the market opens on January 29, 2024. The reverse split will be conducted at a ratio of 1-for-100, meaning that each existing MMAT Common Share will be converted into 0.01 new Meta Materials Inc. Common Shares. Concurrent with the reverse split, the option symbol for Meta Materials will change from MMAT to MMAT1. The new CUSIP number for the post-split shares will be 59134N302. The adjustments to the options contracts are set to occur on the same date as the reverse split, with the new multiplier being set at 100. This means that for options and futures pricing, premiums, and strike dollar extensions, a value of 1.00 will now be equivalent to $100. The Options Clearing Corporation (OCC) has made it clear that the information provided in the memo is for convenience and should not be solely relied upon for investment decisions, advising investors to independently verify all information related to the corporate event.
元材料公司(MMAT)宣佈了反向股票拆分,計劃於2024年1月29日市場開盤前生效。反向拆分將以1比100的比率進行,這意味着每股現有的MMAT普通股將轉換爲0.01股新的Meta Materials Inc.普通股。在反向拆分的同時,元材料的選項符號將從 MMAT 更改爲 MMAT1。拆分後股票的新CUSIP號碼將爲 59134N302。期權合約的調整將在反向拆分的同一天進行,新的乘數設定爲100。這意味着,對於期權和期貨定價、溢價和行使金延期,1.00的價值現在將等於100美元。期權清算公司(OCC)明確表示,備忘錄中提供的信息是爲了方便起見,不應僅用於投資決策,建議投資者獨立覈實與公司活動有關的所有信息。
元材料公司(MMAT)宣佈了反向股票拆分,計劃於2024年1月29日市場開盤前生效。反向拆分將以1比100的比率進行,這意味着每股現有的MMAT普通股將轉換爲0.01股新的Meta Materials Inc.普通股。在反向拆分的同時,元材料的選項符號將從 MMAT 更改爲 MMAT1。拆分後股票的新CUSIP號碼將爲 59134N302。期權合約的調整將在反向拆分的同一天進行,新的乘數設定爲100。這意味着,對於期權和期貨定價、溢價和行使金延期,1.00的價值現在將等於100美元。期權清算公司(OCC)明確表示,備忘錄中提供的信息是爲了方便起見,不應僅用於投資決策,建議投資者獨立覈實與公司活動有關的所有信息。
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