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- SEC Filing In connection with the continued evaluation of strategic alternatives of Meta Materials Inc. (the "Company") and its subsidiaries, on July 3, 2024, Nanotech Security Corp. ("NSC"), a wholly-owned subsidiary of 1315115 BC Inc., which is a wholly subsidiary of the Company, entered into an Asset Purchase Agreement (the "Purchase Agreement") with Authentix, Inc., a Delaware corporation ("Authentix"), and Authentix Canada Solutions, Inc., a corporation formed under the laws of British Columbia, Canada (together with Authentix, "Buyer"), pursuant to which, subject to the satisfaction or waiver of certain conditions, Buyer agreed to (i) purchase substantially all of the assets owned b
https://www.sec.gov/news/press-release/2024-77
Meta Materials's (NYSE:MMAT) short percent of float has risen 3.53% since its last report. The company recently reported that it has 726 thousand shares sold short, which is 10.85% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.21 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
HALIFAX, NS / ACCESSWIRE / October 23, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a leader in advanced materials and nanotechnology, today announced the appointment of Ms. Jennifer Cheraso as Chief Human Resources Officer. Ms. Cheraso is a human resource executive with more than 25 years of experience. She is a dynamic leader with experience overseeing all aspects of human resources including strategy, organizational effectiveness, talent management, total rewards, M&A and change management. Ms. Cheraso's expertise comes from HR and cross-functional leadership positions in multiple industries including solar, aerospace, advanced materials, and technology.Prior to joi
HALIFAX, NS / ACCESSWIRE / October 17, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that its Board of Directors has appointed Mr. Jim Fusaro as Chief Executive Officer, effective immediately. George Palikaras has been removed as President and CEO and is no longer with the Company.Mr. Fusaro is a business leader with 35 years of experience in solar, semiconductor, advanced materials, and aerospace. He brings significant experience and success leading large change management initiatives and developing and implementing strategies to transform businesses and to drive value."On behalf of the Board of Director
HALIFAX, NS / ACCESSWIRE / October 10, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), a leader in advanced materials and nanotechnology, today announced that it has appointed Mr. Philippe Morali to its Board of Directors. Mr. Morali brings more than 30 years of experience in financial leadership from strong technology companies, startups to Fortune 15, that are focused on a variety of markets. He has had extensive international operational experience in Europe and Asia.In his last position, Mr. Morali was CFO at eSilicon, an ASIC and IP supplier that was acquired by Inphi Corporation and Synopsys. Prior to eSilicon, he served as CFO for Quantenna Communications, Inc., a
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4 - META MATERIALS INC. (0001431959) (Issuer)
4 - META MATERIALS INC. (0001431959) (Issuer)
HALIFAX, NS / ACCESSWIRE / May 20, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced an update on the short selling investigation undertaken in June of 2023.In an initial press release from late June 2023, META outlined its preliminary analysis of potential naked short selling, and retained well-known analytics firm, Shareholder Intelligence Services, LLC to review trading patterns of the Company's common stock. Based on this analysis, and with zero tolerance for illegal naked short selling and other stock manipulation, META employed the services of law firms, Christian Attar and Warshaw Burstein (collectivel
HALIFAX, NS / ACCESSWIRE / May 3, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that the Company's Board of Directors approved a workforce reduction of approximately 80% of its employees, which is expected to be completed over the next few weeks. This difficult decision is in response to challenges associated with liquidity and securing additional financing.The Company continues to evaluate all available strategic alternatives including, but not limited to, the divestiture of assets, additional financing security and/or the sale of the Company. While all efforts are being expended in this pursuit, no assu
HALIFAX, NS / ACCESSWIRE / March 28, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced that the Company will host a corporate update webcast on Wednesday, April 3, 2024, at 4:30 PM EDT.Webcast DetailsDate: April 3, 2024Time: 4:30 PM EDT / 1:30 PM PDTTo register, please use the link below:https://audience.mysequire.com/webinar-view?webinar_id=c1c28435-13e0-47a8-81a7-f346dfed216cAbout Meta Materials Inc.Meta Materials Inc. (META) is an advanced materials and nanotechnology company. We develop new products and technologies using innovative sustainable science. Advanced materials can improve everyday products tha
SC 13D/A - META MATERIALS INC. (0001431959) (Subject)
SC 13G/A - META MATERIALS INC. (0001431959) (Subject)
SC 13G - META MATERIALS INC. (0001431959) (Subject)
Fourth quarter 2023 revenue up 55% from the prior year comparable periodOperating expenses down 35% compared to the fourth quarter of 2022, excluding non-cash asset impairmentCash and cash equivalents totaled $10.3 million, basically in line with the September 2023 quarterFocus continued on core business lines, with ramped up sales initiatives in authentication, VLEPSIS, NANOWEB and battery materialsHALIFAX, NS / ACCESSWIRE / January 26, 2024 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today announced preliminary results for the fourth quarter ended December 31, 2023. In the fourth quarter of 2023, total revenue was approxi
Third quarter 2023 revenue up quarter over quarter, supported by stronger product mix and partnershipsOperating expenses down 32% from the prior year comparable period$8.3 million in purchase orders in late August/September will be reflected in fourth quarter 2023 and 2024 resultsTechnologies introduced at end of third quarter (QUANTUM™ stripe, VLEPSIS® system) expected to gain traction in the fourth quarter and early 2024HALIFAX, NS / ACCESSWIRE / November 13, 2023 / Meta Materials Inc. (the "Company" or "META") (NASDAQ:MMAT), an advanced materials and nanotechnology company, today reported financial results for the third quarter ended September 30, 2023. In the third quarter of 2023, total
HALIFAX, NS / ACCESSWIRE / December 7, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT)(FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that FINRA has processed and announced the corporate action of exchanging META's Series A Preferred shares (OTC:MMTLP) for shares of common stock of Next Bridge Hydrocarbons, Inc. on its daily list. Please see https://otce.finra.org/otce/dailyList which notes the following regarding the trading of shares of MMTLP on OTC and the distribution of the Next Bridge Hydrocarbons, Inc. shares:MMTLP shareholders with settled positions as of 12/12/22 Record Date will receive one (1) share of Next B
8-K - META MATERIALS INC. (0001431959) (Filer)
8-K - META MATERIALS INC. (0001431959) (Filer)
8-K - META MATERIALS INC. (0001431959) (Filer)