conversion?
$Torchlight Energy Resources Inc (TRCH.US)$
let say today i bought 100 shares, this will automatically convert into 1:1 META share on 30 June?
let say today i bought 100 shares, this will automatically convert into 1:1 META share on 30 June?
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HuatPrincess : It ended on 22 June :)
Carrot123 : Yes 1:1 on 30 June but what you buy today onwards, you won’t get dividends for it
hs1208 OP Carrot123 : i see.. thanks! yeap! well aware that we will not entitle for any dividend. Hope the dividend wont disappoint us!
Rocket Took Off : Don’t mind noob question. Let say today 1 buy in 100 shares. After 30th Jun what will happen to this 100 share if I do t sell by then?
hs1208 OP Rocket Took Off : it will convert into 1:1 for metamaterial share (for TRCH holder), which is the survivng company after merger.
Rocket Took Off hs1208 OP : Thank you so much for your sharing
OldNormanBates : if that's Merger Date, then Yes
chris from queens : when the merger happens, the new stock symbol will be meta and whatever torch light shares you have will be equal to one share of meta... I'll leave it at that now as far as for the future you need to do your own DD
Ethan T OldNormanBates : really? buy now still possible to hold till merger into META. the share still be there 1:1?
OldNormanBates Ethan T : Merger Date is expected to be by June 30 2021.Please do your own DD Due Diligence Reading Please to get the full understanding of the merger, dividends etc.
@TRCHEnergy on Twitter for TRCH
@palikaras the CEO of META George Palikaras on Twitter
@Metamaterialtec on Twitter for META Materials
sec.gov or in Moomoo News for the SEC Filings and Amendments about the Merger
I don't suggest Reddit as information that is correct. Use the company website and CEO
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