Levi & Korsinsky, LLP Reminds Shareholders of Meta Materials Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of March 4, 2022

NEW YORK, January 17, 2022 /PRNewswire/ –The following statement is issued by Levi & Korsinsky, LLP:

To: Any person or entity who has inter-purchased or otherwise acquired securities of Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. (“Meta Materials” or the “Company”) (NASDAQ: MMAT). 09/21/2020 and December 14, 2021. You are hereby notified that a securities class action has been commenced in The United States District Court for the Eastern District new York. For more information, see:

https://www.zlk.com/pslra-1/meta-materials-inc-fka-torchlight-energy-resources-inc-loss-submission-form?wire=4

or contact Joseph E. Levi, Esq. either by email at [email protected] or by calling (212) 363-7500. There are no costs or obligations for you.

Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. NEWS – MMAT NEWS

CASE DETAILS: According to the filed complaint: (1) the Company’s business combination with Metamaterial Inc. would result in an investigation and subpoena from the US Securities and Exchange Commission in the matter titled In the matter of Torchlight Energy Resources, Inc.; (2) the company has materially overvalued its business relationships and dealings; (3) the company has materially overstated its ability to manufacture and market its products; (4) the company has grossly overstated the novelty and capabilities of its products; (5) the company’s products did not have the potential to be disruptive because, among other things, the company overpriced its products; and (6) as a result, the defendants’ public statements were materially false and/or misleading at all relevant times.

WHAT DOES THIS MEAN FOR SHAREHOLDERS: If you suffered a loss at Meta Materials, you have up March 4, 2022 to request that the court appoint you as lead plaintiff. Your ability to participate in a recovery does not require you to serve as lead plaintiff.

NO COST TO YOU: If you have purchased Meta Materials securities between 09/21/2020 and December 14, 2021 You may be entitled to compensation without paying any expenses or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this short submission form: https://www.zlk.com/pslra-1/meta-materials-inc-fka-torchlight-energy-resources-inc-loss-submission-form?wire =4 or call 212-363-7500 to discuss the case Joseph E. Levi, Esq

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning hundreds of millions of dollars worth of cases for shareholders over a 20 year period. We represent and fight for shareholders who have been wronged by corporations.

Levi & Korsinsky is a nationally recognized law firm with offices in new York, California, Connecticut, and Washington, D.C The founding partners of the law firm, Joseph Levi and Edward Korsinsky, representing shareholders and institutional clients for nearly 20 years, delivering notable results for clients in the United States and internationally. Employing more than 70 people, the company is committed to promoting, cultivating and maintaining a culture of diversity, equity and inclusion for employees and those we represent. Our attorneys have extensive experience representing investors in securities disputes and have a track record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked among the top securities litigation firms in Institutional Shareholder Services’ (“ISS”) SCAS Top 50 report for 7 consecutive years The United States. The SCAS Top 50 Report identifies the top plaintiffs’ securities firms in the country, and ISS has recognized Levi & Korsinsky as the leading securities class-action law firm year after year.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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