MMTLP / NBH Weekly Update
Week Ending May 22, 2026
Quiet week on the corporate side from Next Bridge Hydrocarbons. No new press releases or major SEC filings. The S-1 registration process continues in the background.
Major broker action dropped today (May 22) and it is lighting up the community:
1. Trading 212 (EU/UK holders) sent a formal ultimatum email.
Holders must choose by June 22, 2026:
-Option 1: Pay the $30 Equiniti fee to re-register shares directly in your name (true DRS).
-Option 2 (default): Surrender shares for $0.01 each.
Full email here:
x.com/JunkSavvy/status/20578…
2. Webull / Apex Clearing opened a transfer window today.
Move your MMTLP/NBH shares to AST/Equiniti until June 19, 2026.
-Electronic: $115
-Physical certificate: $235
Full details and options:
x.com/JunkSavvy/status/20578…
Next Bridge resources:
-Investors page (filings, news, FAQs):
nextbridgehydrocarbons.com/i…
-Latest S-1/A:
sec.gov/ix?doc=/Archives/edg…
MMAT remains in Chapter 7 bankruptcy with no movement.
Brokers are clearly trying to offload custody of the now private NXBR/NBH shares. For those wanting to DRS, these windows are the clearest path yet.
Not financial advice. Check your own broker portal or email ASAP and consult your advisor. Deadlines are firm.
What is your plan? Option 1 with T212? Transferring via Webull? Or something else? Drop it below.
$MMTLP $NBH $NXBR
MMTLP MMAT TRCH NBH
🚨TRADING 212 GIVES SHAREHOLDERS ULTIMATUM:
"Dear Client,
We’re contacting you regarding your holding in Next Bridge Hydrocarbons, Inc. (NXBR).
Your NXBR share certificates are currently held by Trading 212 in a client-segregated account at Equiniti on your behalf. We are now offering you the opportunity to re-register these certificates directly in your name.
Action Required
Please choose one of the two options within 20 business days of the date of this email (by Monday, June 22, 2026):
If we do not receive a clear instruction from you by this deadline, we will automatically proceed with the default action (Option 2) as detailed below.
Option 1 - Re-register the NXBR shares in your name
You may instruct us to facilitate the re-registration of the share certificates directly into your name. This process incurs a pass-through fee charged by Equiniti.
•Action: Reply to this email with the exact phrase: “Option 1 - Re-register.”
•Fee: You must ensure that you have free funds of $30.00 (or the equivalent amount in your account currency) available in your Trading 212 account by the deadline to cover the Equiniti processing fee. If we cannot collect the fee from your free funds before Friday, June 26, 2026, we will proceed with Option 2 below. Trading 212 does not charge or retain any part of this fee.
•Process: Upon receiving your instruction and confirming the availability of funds, we will instruct Equiniti to re-register the applicable certificate(s) in your name.
•Data sharing: To complete the re-registration, we will share the following information about you with Equiniti: your name, address, postcode, email address, and tax identification number. Equiniti is based in the United States, so by choosing Option 1 you instruct and authorise us to transfer this information outside the UK. The transfer is made solely for the purpose of effecting the re-registration you have requested.
Important Legal Notice for Option 1: By choosing Option 1, you acknowledge and agree that once the share certificate(s) are transferred and registered in your name, Trading 212 will have no further responsibility, obligation, or liability regarding these shares. The relationship concerning these shares will be solely between you and Equiniti and/or Next Bridge Hydrocarbons. Trading 212 will not be able to facilitate any future transactions involving these shares, and you will be solely responsible for the custody and management of the certificates.
Option 2 - Give up the certificate to Trading 212 for $0.01
NXBR shares are not publicly traded and are generally considered to have no material market value. That’s why you may choose to relinquish your rights to the certificate(s) in exchange for nominal consideration of $0.01.
•Action: Reply to this email with the exact phrase: “Option 2 - Reclaim.”
•Fee: No fee is required.
•Process: We will reclaim the certificate(s) and credit your account with $0.01.
Default Action: If we do not receive a valid instruction by the deadline, we will automatically proceed with Option 2.
Important Legal Notice for Option 2: By choosing Option 2, or by failing to provide instructions by the deadline (resulting in the default action), you explicitly agree to relinquish all rights, titles, and interest in the NXBR shares. You acknowledge that the nominal consideration of $0.01 constitutes full and final settlement for these shares, and you waive any and all future claims against Trading 212 regarding these holdings. This action is final and irreversible.
Important notes
•Valuation: Next Bridge Hydrocarbons (NXBR) shares are not publicly traded and are generally considered to have negligible or no material market value. Trading 212 makes no representations or warranties regarding the current or future value of these shares. We advise you to conduct your own due diligence. More information provided by the issuer can be found here.
•Fractional Shares: Certificates cannot be issued for fractional shares. If your position includes fractional shares, the amount will be rounded down to the nearest whole share for the purpose of re-registration (Option 1) or reclamation (Option 2). The fractional component will be forfeited without further compensation.
•Limitation of Liability: Trading 212 is acting solely as a facilitator in this administrative process. We shall not be liable for any delays, errors, or omissions caused by third parties, including Equiniti, nor for any loss of value associated with the NXBR shares, regardless of the option chosen.
•No Advice: This communication does not constitute investment advice or a recommendation. Trading 212 is acting on an execution-only basis. You should seek independent financial and legal advice if you are unsure how to proceed.
•Governing Agreement: This action is taken in accordance with the Invest Terms agreed upon when opening your Trading 212 account.
Kind regards,
Trading 212"