Meta Materials Inc (MMAT)

[Sonic Boom]

You’re still wrong

In addition, there was the potential for confusion and disagreement in the settlement process among the parties with respect to which security should be delivered to the buyer. For example, an investor entering a buy order in MMTLP on or after December 9 might not have understood that they would not be a holder entitled to receive the Next Bridge shares in the corporate action distribution (because the seller of MMTLP shares during that time period would have received Next Bridge shares as part of the distribution) and that the MMTLP shares purchased would imminently be canceled.

Again, this fails to address that they created their own settlement crisis with the two conflicting corporate actions that suddenly changed at the last moment when FINRA posted the Pay Date of 12/14/22. While changing the cancellation date to be effective on 12/13/2022.