Meta Materials Climbs 19% On Optodot Acquisition News

This article was originally published on ValueWalk

Meta Materials

Material engineering firm Meta Materials Inc (NASDAQ:MMAT)’s shares rallied 19% on Monday as investors digested news about its acquisition of Optodot Corporation. Meta Materials signed a definitive agreement last week to acquire Optodot for a total consideration of $48.5 million. Management expects the acquisition to close in June. Q1 2022 hedge fund letters, conferences and […]