META, the Dartmouth-based advanced materials startup that in June became Atlantic Canada’s first publicly traded unicorn thanks to a reverse listing on the NASDAQ, will buy British Columbia’s Nanotech Security Corp. in a $90.8 million, all-cash deal.
Nanotech Security uses nanotechnology to create security holograms for bank notes and government ID cards. The company trades on the Toronto Stock Exchange with a market cap Wednesday of about $81.9 million, meaning META is paying about a $9 million premium.
META, previously called Metamaterial Inc., has signalled that the Nanotech Security