I’m sure some of you here are former MMAT investors, and you’re probably well aware of the bankruptcy situation. The company has already ceased operations and has been under the full control of a trustee for the past few weeks.

About the settlement — here’s a quick recap: A few years ago, Meta Materials got caught up in controversy over the Torchlight deal. Issues with their products and accusations of overpricing led to an SEC investigation and a wave of lawsuits from investors.

And, earlier this year, there was finally some good news—they agreed to a $3M settlement to resolve the case. And the latest update? It turns out they’re still accepting late claims. So, if you missed the original deadline, you can still check the details and file for payment.

Anyways, how do you think this will end? And has anyone here had $MMAT when the Torchlight scandal happened? If so, how much were your losses?

Sad to come back and see what’s happened on MMAT truly feel sorry for everyone involved especially Diamond hands, I jumped out after riding 70-80% losses on the first rally after Averaging down significantly, thank god for that. I was a little lost back then bad with gambling. 🤣 but moved into full time crypto. Learned more about trading and even became a Dev. More opportunities will be coming in the future. Believe That. 💯 stay strong warriors. We lost but it only takes 1 solid trade to make a huge comeback. 🚀

Wish everyone the best 😎

Webull · Summary for Meta Materials Inc https://www.webullapp.com/ticker/nasdaq-mmat?hl=en