#Torchlight special dividend date pro#
#Torchlight special dividend date plus#

(NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it has declared a Special Dividend of Series A Preferred Stock to be issued on a one.

#Torchlight special dividend date pro#

The holders of Series A Preferred Stock will be entitled, on a pro rata basis, to any future net proceeds or other potential benefits derived from the disposition of the oil and gas assets of Torchlight, subject to certain holdbacks. Torchlight Declares Special Dividend of New Series A Preferred Announces Record Date of June 24th PLANO, TX / ACCESSWIRE / J/T orchlight Energy Resources, Inc. Late Monday, the company stated the special dividend would be issued on a one-for-one basis to common stockholders as of the close of market trading on June 24. You can watch Torchlight Energy Resources (TRCH) and buy and sell other stocks, ETFs and options commission-free on Robinhood with real-time quotes, market data.

The stockholders of record on June 24, 2021, will be entitled to receive the dividend which will consist of one share of Series A Preferred Stock for each one share of common stock owned on that date (subject to adjustment for any reverse split of Torchlight’s common stock after the record date but before the dividend is paid). Torchlight and Metamaterial agreed to push back the transaction date to June 30. (NASDAQ:TRCH), an oil and gas exploration company ('Torchlight'), today announced that it paid the special Series A. Late Monday, the company stated the special dividend would be issued on a one-for-one basis to common stockholders as of the close of market trading on June 24.

#Torchlight special dividend date plus#

And this Special Dividend is to be issued in connection with the previously announced business combination transaction with Metamaterial. PLANO, TX / ACCESSWIRE / J/ Torchlight Energy Resources, Inc. Plus Torchlight had also announced a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on J(subject to adjustment for any reverse split of Torchlight’s common stock after the record date but before the dividend is paid). Plus Torchlight had also announced a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on J(subject to adjustment for any reverse split of Torchlight’s common stock after the record date but before the dividend is paid). Torchlight Energy Resources effectively no longer exists following its June 28 merger with Meta Materials (NASDAQ: MMAT) stock.

Another catalyst that is driving the stock price up is the pending merger with Metamaterials. By Alex Sirois Jul 14, 2021, 6:00 am EDT.