#Torchlight merger date update
#Torchlight merger date full
#Torchlight merger date Pc

The company’s cash holdings, thanks to its Nasdaq listing, totaled $140 million as at September 30, although, as Seeking Alpha noted, the firm spent $72 million of this in October to acquire Nanotech Security. Palikaras, in his letter to shareholders, attributes this to Meta’s (or META’s) status as “ an early growth stage” company. For the first nine months of 2021, the company reported a net loss of $61.46 million - including a one-time $40.54 million loss on financial instruments. Meta reported a net loss of $11.42 million in Q3, compared to a net loss of $2.58 million a year earlier. (The SEC doesn’t actually prohibit this but most listed companies do, to prevent suspicion of insider trading.) $MMAT 🦋 #GoBeyond Q3 Updates: Ī “blackout period” is the period before a company’s earnings announcements, during which certain people are prohibited from buying or selling company shares. Now that management is off the black out period, I will be adding to my personal position.

#Torchlight merger date full

IMO we are in full compliance with SEC regulations. In response to news of the subpoena becoming public, Meta Materials founder and CEO George Palikaras took to Twitter to reassure investors:īusiness as usual. The Company can offer no assurances as to the outcome of this investigation or its potential effect, if any, on the Company or its results of operation. The Company is cooperating and intends to continue to cooperate with the SEC’s investigation. The subpoena requests that the Company produces certain documents and information related to, among other things, the merger involving Torchlight Energy Resources, Inc. In September 2021, the Company received a subpoena from the Securities and Exchange Commission, Division of Enforcement, in a matter captioned In the Matter of Torchlight Energy Resources, Inc. The reference to the subpoena was in Part II– Other Information: According to Investopedia, all public companies trading in the US are required to file 10-Q forms for each of the first three quarters of their fiscal years in which they disclose “relevant information regarding their finances as a result of their business operations.” News of the subpoena was found in Meta Materials’ 10-Q filing for the quarter ended September 30.

I explored all the weird aspects of that listing - a reverse takeover that was hyped on social media, earning it the title of “meme stock” - back in September, but now it seems the SEC is also taking a closer look at it. Meta Materials was Innovacorp’s first “unicorn” investment - that is, its first portfolio company to list on the Nasdaq with a valuation of $1 billion (plus). With Torchlight 3 getting its official launch and leaving early access on October 13 of the 2020 gaming calendar, stay tuned for more details and updates, including that of the upcoming Nintendo Switch launch date.In other Innovacorp news, the US Securities and Exchange Commission has subpoenaed Meta Materials in connection with its merger with Torchlight Energy (with thanks to the spectator who alerted me to this development). These things and more put together made for a decent experience when we took take with the game in our hands-on preview. The game also includes customizable player outposts in the wilds that solo players can take advantage of to engage with the multiplayer community without direct co-op play. Torchlight 3 has promised a return to the co-op hack-n’-slash lootfest that players have come to expect from the series, complete with a Relic system overhaul that helps players to make characters of any given class play unique to their preferences. 🎉 ANNOUNCING: Torchlight III Officially Launches OCTOBER 13 For #PS4, #Xbox, & #Steam! 🔥Ĭoming soon to #Switch! Your legend awaits > /UHM9ycHeIl It can be expected sometime soon after the initial release date this Fall. A Nintendo Switch launch was previously announced, but won’t arrive at the official 1.0 launch date of Torchlight 3. Though it’s currently $30 in early access, that will also come with a slight price hike that boosts it up to $39.99. On October 13, 2020, Torchlight 3 will officially launch on PC, PlayStation 4, and Xbox One.

#Torchlight merger date update

and Perfect World Entertainment announced the official launch date and exit from early access in a Steam Community update on September 29, 2020. The game has an official Version 1.0 launch date this coming October.Įchtra Inc. and Perfect World Entertainment seemed to have every intention of launching this game this Fall and it seems they’re sticking to it.

#Torchlight merger date Pc

In fact, it was just in June 2020 during the PC Gaming Show that Torchlight 3 made its entry into Steam’s early access program. It doesn’t seem like it’s been all at that long since Torchlight 3 arrived in early access.