META MATERIALS INC.: Nasdaq/NYSE listing notice — Meta Materials regains Nasdaq minimum bid price compliance; delisting hearing cancelled

META MATERIALS INC.

On Feb 12, 2024, Nasdaq notified Meta Materials it regained compliance with the $1.00 minimum bid price requirement.
Previously, on Nov 27, 2023, the stock had closed at $0.10 or less for 10 consecutive days, triggering a delisting determination.
The company appealed; a hearing scheduled for Feb 22, 2024 has been cancelled as a result of regaining compliance.
The company is now in full compliance with Nasdaq listing requirements and continues trading on the Nasdaq Capital Market under MMAT.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

META MATERIALS INC. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

February 12, 2024, the Company received a letter from Nasdaq notifying the Company that it has regained compliance with the Minimum Bid Price Requirement, and consequently, the previously scheduled hearing was cancelled by the Nasdaq Hearings Panel. The Company is currently in full compliance with Nasdaq listing requirements and will continue trading on Nasdaq. On February 13, 2024, the Company issued a press release announcing it has regained Nasdaq compliance. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0000950170-24-014195

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.