Meta Materials Inc. (MMAT) has released an update.
Meta Materials Inc. has urged shareholders to approve an increase in authorized common shares to support commercialization efforts and working capital needs. Highlighting partnerships with industry giants like Panasonic and the launch of several innovative products, the company is experiencing strong demand but faces production constraints. Shareholders’ support is deemed critical for Meta’s growth and the upcoming special meeting will discuss this strategic move.
For further insights into MMAT stock, check out TipRanks’ Stock Analysis page.
