---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-048799"
form_type: "8-K"
ticker: null
cik: "0001431959"
company_name: "META MATERIALS INC."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:17:48.482121+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Meta Materials gets 180-day Nasdaq bid-price extension, director resigns

## Summary
- Director Eric Leslie resigned effective Sept 13, not due to disagreement, moves to strategic advisor.
- Board appointed John R. Harding to Audit Committee and Vyomesh Joshi to Compensation Committee.
- Nasdaq granted additional 180-day extension until March 18, 2024 to meet $1 minimum bid price.
- Company must meet other listing requirements and may effect reverse stock split to cure deficiency.
- Common stock continues trading on Nasdaq Capital Market under symbol MMAT.

## SEC filing metadata
- accession: 0000950170-23-048799
- form_type: 8-K
- cik: 0001431959
- company_name: META MATERIALS INC.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1431959/000095017023048799/0000950170-23-048799-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1431959/000095017023048799/mmat-20230913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-048799
- JSON: https://secwatch.observer/filing/0000950170-23-048799.json
- Plain text: https://secwatch.observer/filing/0000950170-23-048799.txt

## Key facts
- Listing & Compliance Notices
  META MATERIALS INC. received a nasdaq extension granted notice regarding minimum bid price.
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  source text: September 19, 2023, the Company received notice from Nasdaq indicating that, while the Company has not regained compliance with the minimum bid price requirement, staff of Nasdaq has determined that the Company is eligible for an additional 180-day period, or until March 18, 2024, to regain compliance. Staff’s determination was based on (i) the Company meeting the continued listing requirement for market value of our publicly held shares and all other applicable requirements for initial listing on the Capital Market, with the exception of the bid price requirement, and (ii) the Company's writt
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017023048799/0000950170-23-048799-index.htm
- Executive change
  Eric Leslie resigned as Director at META MATERIALS INC..
  - Action: resigned
  - Role: Director
  source text: On September 13, 2023, Eric Leslie notified Meta Materials Inc. (the “Company”) of his resignation as a member of the Board of Directors (the “Board”) of the Company and from all committees of the Board on which he served, in each case effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017023048799/0000950170-23-048799-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.