Nanotech Security Corp (OTCMKTS:NTSFF) Stock Soars On High Volume: What’s The News?
Nanotech Security Corp (OTCMKTS:NTSFF) soared 57% after announcing a definitive agreement with Meta Materials Inc. (NASDAQ: MMAT). According to the agreement, META will indirectly purchase Nanotech common shares at 41.25 per share in a cash transaction estimated to be around $90.8 million on a diluted basis. The acquisition price represents a premium of 101% of Nanotech’s 30-day volume-weighted price of around $0.62 per share. The transaction has received approval from…