---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-008133"
form_type: "8-K"
ticker: null
cik: "0001431959"
company_name: "META MATERIALS INC."
filed_at: "2024-01-29T23:59:59+00:00"
generated_at: "2026-06-06T15:50:28.876390+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Meta Materials announces 1-for-100 reverse stock split and Series C Preferred distribution

## Summary
- 1-for-100 reverse stock split effective Jan 29, 2024 to regain Nasdaq $1 bid compliance.
- Shares outstanding drop from ~564M to ~5.64M; authorized shares cut from 1B to 10M.
- Series C Preferred distributed 1 per common share, record Feb 2, 2024; each carries 1,000 votes.
- Series C votes only on proposal to increase authorized shares to at least 250M shares.
- Unvoted Series C shares auto-redeemed at $0.001/share; transferable only with common stock.

## SEC filing metadata
- accession: 0000950170-24-008133
- form_type: 8-K
- cik: 0001431959
- company_name: META MATERIALS INC.
- filed_at: 2024-01-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1431959/000095017024008133/0000950170-24-008133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1431959/000095017024008133/mmat-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-008133
- JSON: https://secwatch.observer/filing/0000950170-24-008133.json
- Plain text: https://secwatch.observer/filing/0000950170-24-008133.txt

## Key facts
- Governance Changes
  META MATERIALS INC.: The Board adopted resolutions creating a new Series C Preferred Stock with specific voting, dividend, liquidation, and redemption rights, and filed a Certificate of Designation with the Nevada Secretary of State on January 26, 2024 (effective 2024-01-26).
  - Change: charter amendment
  - Effective: 2024-01-26
  source text: The Certificate of Designation was filed with the Nevada Secretary of State and became effective on January 26, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024008133/0000950170-24-008133-index.htm

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