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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）宣布了反向股票拆分，计划于2024年1月29日市场开盘前生效。反向拆分将以1比100的比率进行，这意味着每股现有的MMAT普通股将转换为0.01股新的Meta Materials Inc.普通股。在反向拆分的同时，元材料的选项符号将从 MMAT 更改为 MMAT1。拆分后股票的新CUSIP号码将为 59134N302。期权合约的调整将在反向拆分的同一天进行，新的乘数设定为100。这意味着，对于期权和期货定价、溢价和行使金延期，1.00的价值现在将等于100美元。期权清算公司（OCC）明确表示，备忘录中提供的信息是为了方便起见，不应仅用于投资决策，建议投资者独立核实与公司活动有关的所有信息。
元材料公司（MMAT）宣布了反向股票拆分，计划于2024年1月29日市场开盘前生效。反向拆分将以1比100的比率进行，这意味着每股现有的MMAT普通股将转换为0.01股新的Meta Materials Inc.普通股。在反向拆分的同时，元材料的选项符号将从 MMAT 更改为 MMAT1。拆分后股票的新CUSIP号码将为 59134N302。期权合约的调整将在反向拆分的同一天进行，新的乘数设定为100。这意味着，对于期权和期货定价、溢价和行使金延期，1.00的价值现在将等于100美元。期权清算公司（OCC）明确表示，备忘录中提供的信息是为了方便起见，不应仅用于投资决策，建议投资者独立核实与公司活动有关的所有信息。
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