Meta Materials INC

Meta Materials Inc. will be delisted from the Nasdaq Stock Market on August 21, 2024, following its Chapter 7 bankruptcy filing.

Meta Materials Inc. has filed for Chapter 7 bankruptcy, ceasing all operations and terminating all employees and executive officers, effective August 9, 2024.

Meta Materials Inc. experienced a significant IT disruption due to a former executive's actions, while its subsidiary, Metamaterial Technologies Canada Inc., filed for bankruptcy.

Meta Materials Inc. has finalized the sale of its authentication business for $10 million, while also facing significant financial challenges and considering strategic alternatives.

Meta Materials Inc.'s subsidiary, Nanotech Security Corp., has entered into an agreement to sell its authentication business to Authentix, Inc. for $10 million.

Meta Materials Inc. has agreed to a settlement with the SEC, involving a cease-and-desist order and a $1 million penalty, related to a past merger and other matters.

Meta Materials Inc. reports increased revenue for Q1 2024 but expresses substantial doubt about its ability to continue as a going concern.

Meta Materials Inc. has filed an amendment to its annual report on Form 10-K to include previously omitted information regarding directors, executive compensation, and corporate governance.

Meta Materials Inc.'s 10-K filing provides a detailed overview of its capital stock, including common and preferred shares, voting rights, dividend policies, and various warrants, as well as anti-takeover provisions.