NVDA
NVIDIA
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Tesla
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Palantir
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Cerence
-- 19.330 MSTR
MicroStrategy
-- 339.660 
Next Bridge Shares
$Meta Materials Inc. Class A Preferred Stock (MMTLP.US)$ Some of you asked for non-US citizens, how do you receive your NB shares and dividends?
Note: Not suggesting what you should do, but share my understanding. Do your own DD.
Here are the key points in the 424 Document:
Most META stockholders own their shares of Series A Preferred Stock beneficially through a bank, broker or other nominee. In these cases, the bank, broker or other nominee holds the shares in "street name" and records such ownership on its books.
This applies to many of us, having MMTLP shares in our brokerage account.
If a holder owns shares of the Series A Preferred Stock through a bank, broker or other nominee, the bank, broker or other nominee will credit the holder's account with the whole shares of Next Bridge common stock received in the distribution on or shortly after the distribution date.
This is what happens when you are assigned the NB shares. NB shares will go into your brokerage account that you trade MMTLP, to replace your MMTLP, ON or AFTER the Distribution date - 14 Dec.
It does not need to be Torchlight OG shares, as long as you hold your shares after market close on Record Date 12 Dec 4PM ET. This is emphasized on Twitter, YouTube and Reddit by some and also stated on the 424 document, as the only requirement - to hold your MMTLP shares beyond the Record date.
Holders of Series A Preferred Stock who sell their shares on or before the record date will not be entitled to receive the shares of Next Bridge common stock in the distribution in respect of such shares of Series A Preferred Stock sold.
if you sell before the record date (12 Dec), you are not entitled to NB shares.
Note: If you sell on 9 Dec (Friday), after T+2, you are still holding MMTLP on 12 Dec (T+2 is on 13 Dec). You will receive the NB shares but it will be transferred to your MMTLP buyers via your broker.
Holders of Series A Preferred Stock who sell their shares after the record date but before the distribution date will be required to transfer the shares of Next Bridge common stock received in the distribution to the subsequent purchaser of Series A Preferred Stock.
if you sell after the record date, you need to transfer NB shares to your buyer, via your broker.
It does not matter if you choose to sell before or after the Record date as long as there is a buyer, your assigned NB shares if any, will be transferred to your MMTLP buyer (it may be automatically done by your broker).
Lastly, this is the clarification made with my broker (refer to screenshot).
There are two ways to receive your NB's dividends or sale proceeds (if NB is sold off):
a. Register with AST, if you choose so, then you need to contact your broker to do so before or on the record date (12 Dec), as stated on 424 document. There is a fee charged by your broker to do the transfer to AST. Note, you can't trade after your transfer to AST.
b. Keep your MMTLP shares on Record date 12 Dec, you will receive your NB shares in your brokerage account. When there are any corporate action events, such as dividends payout, you will be notified; if NB is sold to another publicly traded Oil and Gas company, you will get your cash payout or the acquiring company shares into your brokerage account.
Note: Please check with your broker on the details in case there is a different arrangement. Below is the clarification I made, as a non-US citizen.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Tom_Jerry : Thanks for your time and sharing.
71068913 : Thanks!
silentcyfer : Very insightful and much help to everyone here. Thank you sir
感恩。知足。 : thank you.... most of my newly bought MMTLP are with Tiger... so will be the same.
icezzz : Thanks for sharing. What will you do? Hold till after 12 Dec?
GoLeopard OP icezzz : we need to understand that it is also common that FINAR gives last minute notice that gives 1 day to close short position.
icezzz GoLeopard OP : What’s ur target price to sell?
GoLeopard OP icezzz : Moon shots 888 to 1000.
icezzz GoLeopard OP :
possible?
GoLeopard OP icezzz : highly possible! if short interest is what the gurus expected and no hanky panky behind scene, no legal issue (the illegal thingy that floats around), VW (1K+), Game Stop, HKD (2K+).