NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Next Bridge Hydrocarbons, Inc., a spin-off from Meta Materials, Inc. (OTC:MMTLP) ("NBH" or "the Company") and certain of its officers.
Class Definition:
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired NBH securities related to the Company's spin-off from Meta Materials, Inc. ("Meta Materials") on or around December 14, 2022. Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/NextBridge.
Case Details:
NBH dates back several years to an earlier company named Torchlight Energy Resources, Inc. ("Torchlight"). Torchlight was an oil and gas company that operated primarily in the Orogrande Basin in West Texas under the control of Defendant Gregory McCabe.
In June 2021, Torchlight merged into a Canadian company named Metamaterial Technologies Inc. ("Metamaterial"). In connection with the ...
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