UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July~~August 2507, 2024

Meta Materials Inc.

(Exact name of Registrant as Specified in Its Charter)


Nevada	001-36247	74-3237581
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

60 Highfield Park Dr
Dartmouth, Nova Scotia, Canada		B3A 4R9
(Address of Principal Executive Offices)		(Zip Code)

    Registrant’s Telephone Number, Including Area Code: 902 482-5729

   

    Not Applicable

   

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.001 per share	MMAT	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.0503. ~~Material~~Bankruptcy ~~Cybersecurity~~or ~~Incidents~~Receivership.

On ~~July~~August 259, 2024, ~~Meta~~after ~~Materials~~consideration ~~Inc.~~of ~~(the~~all ~~“Company”)~~strategic ~~became~~alternatives, ~~aware~~Meta ~~that~~Materials, ~~its website~~Inc., ~~email~~a ~~system~~Nevada ~~and~~corporation ~~other related information technology~~ (~~IT) systems were significantly disrupted and taken offline. Upon detecting~~ the ~~disruption, the~~ “Company ~~immediately began taking steps to restore~~”), ~~contain,~~ceased ~~and~~operations ~~remediate the incident with internal~~ and ~~external~~filed ~~cybersecurity~~a ~~experts,~~voluntary ~~including~~petition ~~beginning~~for anrelief ~~investigation~~under ~~as to~~ the ~~cause~~provisions of ~~the~~Chapter ~~disruption.~~7 ~~On initial investigation, the Company learned that a former executive officer~~ of ~~the~~Title ~~Company~~11 ~~deliberately de-activated and cancelled the renewal~~ of the ~~Company’s~~United ~~website,~~States ~~which significantly impacted the Company’s IT systems~~Code, ~~including~~11 ~~delivery~~U.S.C. ~~and~~§101 ~~receipt~~et ~~of electronic email communications from customers, investors and other stakeholders of the Company~~seq. ~~With~~ (the ~~assistance~~“Bankruptcy ofCode”) ~~outside~~in ~~legal counsel,~~ the ~~Company~~United ~~was~~States ~~able~~Bankruptcy toCourt ~~compel~~for the ~~reinstatement~~District of Nevada (the ~~website~~“Bankruptcy ~~and~~Court”), ~~commenced~~Case ~~a process to ensure that IT functionality would continue uninterrupted~~No. ~~The website was re~~24-~~activated~~50792 ~~and~~(the ~~email~~“Bankruptcy ~~systems restored on July 29, 2024, although functionality continues to be stressed and delayed as systems come back online~~Filing”). ~~The Company, along with its internal and external cybersecurity experts, continue to work diligently to respond to and mitigate any impact from the incident.~~

InAs ~~addition,~~a ~~the~~result ~~Company continues to evaluate any unauthorized access to sensitive and confidential information~~ of the ~~Company~~Bankruptcy ~~and~~Filing, ~~its~~a ~~stakeholders~~Chapter in7 ~~connection~~trustee ~~with~~will ~~this~~be ~~incident.~~appointed ~~Other~~by ~~than~~ the ~~website~~Bankruptcy ~~being~~Court ~~offline for a period of time~~ and ~~delayed~~will ~~communications~~administer ~~through~~ the Company’s ITbankruptcy ~~systems~~estate, ~~this~~including ~~unauthorized~~liquidating ~~action by~~ the ~~former~~assets ~~executive officer does not appear to have had a material impact on the protection~~ of the Company’s ~~intellectual~~in ~~property,~~accordance orwith ~~that~~the ~~there~~Bankruptcy ~~was~~Code. ~~unauthorized~~Once ~~access~~a toChapter ~~customer~~7 ortrustee ~~stakeholder~~is ~~proprietary~~appointed, ~~information.~~an ~~The~~initial ~~Company~~hearing ~~continues~~for tocreditors ~~investigate~~will ~~any~~be ~~continuing security issues and IT functionality~~scheduled, and ~~assess~~the ~~other~~Notice ~~actions~~of ~~the~~Bankruptcy ~~Company~~Case Filing will ~~take~~be insent ~~response~~ to ~~this~~known ~~security and operational incident~~creditors.

~~The~~Item ~~Company~~5.02. ~~has~~Departure ~~not~~of ~~yet~~Directors ~~determined~~or ~~whether~~Certain ~~the~~Officers; ~~incident~~Election isof ~~reasonably~~Directors; ~~likely~~Appointment toof ~~materially~~Certain ~~impact~~Officers; ~~the~~Compensatory ~~Company’s~~Arrangements ~~financial condition or results~~ of ~~operations.~~Certain Officers.

~~Item~~On 8August 7, 2024, the Company terminated all of its remaining employees and executive officers, including Uzi Sasson, its President and Chief Executive Officer, and Dan Eaton, its Chief Legal Officer, with the terminations of Messrs.01 Sasson and Eaton effective concurrent with the Bankruptcy Filing. ~~Other~~Following ~~Events~~the Bankruptcy Filing, the Company does not have any executive officers or employees.

OnEffective ~~July~~concurrent ~~26,~~with ~~2024~~the Bankruptcy Filing, ~~Metamaterial~~each ~~Technologies~~of ~~Canada~~John ~~Inc~~R. ~~(“MTCI”)~~Harding, ~~commenced~~Allison ~~bankruptcy~~Christilaw, ~~proceedings~~Steen byKarsbo, ~~filing~~Kenneth anHannah, ~~assignment~~Vyomesh inJoshi ~~bankruptcy~~and ~~under~~Philippe ~~section~~Morali 49tendered their resignations as members of the ~~Bankruptcy~~Board ~~and~~of ~~Insolvency~~Directors. ~~Act~~Each ~~(Canada)~~of in the ~~District~~directors ~~Court~~resigned ofdue ~~Ontario.~~to ~~Grant~~the ~~Thornton~~Bankruptcy ~~Limited~~Filing, ~~was~~and ~~appointed~~such asresignations ~~trustee~~are innot the ~~bankruptcy~~result ~~for~~of any disagreements with the ~~benefit~~Company ofregarding the ~~creditors~~Company’s ofoperations, ~~MTCI~~policies, or practices. The ~~trustee~~resignation ~~will~~of ~~wind~~the ~~down~~Company’s directors effectively eliminates the ~~business~~powers of ~~MTCI~~the ~~and~~Board ~~make~~of ~~distributions~~Directors, ifand ~~any,~~following tothe ~~its~~director ~~creditors~~resignations, inthe ~~accordance~~Company ~~with~~does ~~the~~not ~~applicable~~have ~~provisions~~directors ofserving on the ~~Bankruptcy~~Board ~~and~~of ~~Insolvency Act (Canada)~~Directors.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

			META MATERIALS INC.
Date:	August 19, 2024	By:	/s/ Uzi Sasson
			Uzi SassonPresident and Chief Executive Officer

Filing Compare · META MATERIALS INC.