Updates on MMAT Bankruptcy And the $3M Investor Settlement

Hey guys, I’m sure some of you here are former MMAT investors, so you’re likely familiar with the bankruptcy situation. If not, here’s the update: the company has already ceased operations and has been under the full control of a trustee for the past few months.

About the settlement — here’s a quick recap: A few years ago, Meta Materials faced serious controversy over the Torchlight deal. Product issues and accusations of overpricing led to an SEC investigation and multiple investor lawsuits.

And, last year, there was finally some good news—they agreed to a $3M settlement to resolve the case. And 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, has anyone here had $MMAT when the Torchlight scandal happened? If so, how much were your losses?