SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Next Bridge Hydrocarbons, Inc. Shareholders and Sets a Lead Plaintiff Deadline of May 14, 2024

NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:*To: All persons or entities that acquired shares of Next Bridge Hydrocarbons, Inc. (“NBH” or the “Company”) in connection with the Company’s spin-off from Meta Materials, Inc. (“Meta Materials”) on or around December 14, 2022.* You are hereby notified that the class action lawsuit Targgart v. Next Bridge Hydrocarbons, Inc., et al. (Case No. 1:24-cv-01927) has been commenced in the United States District Court for the Eastern District of New York. To get more information *go to:*

https://zlk.com/pslra-1/next-bridge-hydrocarbons-inc-loss-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. *There is no cost or obligation to you.*

The complaint alleges that NBH filed a registration statement in connection with its spin-off from Meta Materials that contained false and/or materially misleading statements. The statements at issue concern the value of the Company’s oil and gas assets and NBH’s transactions with related parties. The complaint alleges that these false and/or materially misleading statements violated the Securities Act of 1933 and, consequently, damaged shareholders who received NBH shares in conjunction with the spin-off.

*If you acquired NBH shares pursuant to the Company’s spin-off from Meta Materials, you have until May 14, 2024 *to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

*WHY LEVI & KORSINSKY:* Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

*CONTACT:*
Levi & Korsinsky, LLP  
Joseph E. Levi, Esq. 
Ed Korsinsky, Esq. 
33 Whitehall Street, 17th Floor 
New York, NY 10004 
jlevi@levikorsinsky.com 
Tel: (212) 363-7500 
Fax: (212) 363-7171 
www.zlk.com