secwatch.observer — SEC 8-K summary
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Issuer:     META MATERIALS INC. (—)
CIK:        0001431959
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000950170-24-089345
Event type: cyber
Sentiment:  negative
Materiality: 0.85
Item codes: 1.05, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Meta Materials discloses cyber incident by ex-executive; Canada sub files bankruptcy
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- Former executive officer deliberately deactivated website, disrupting IT systems including email; restored July 29 but still stressed.
- Subsidiary Metamaterial Technologies Canada Inc. filed for bankruptcy July 26; Grant Thornton appointed trustee for wind-down.
- Company has not yet determined if cyber incident will materially impact financial condition or results.
- No evidence of unauthorized access to IP, customer, or stakeholder proprietary information from the incident.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1431959/000095017024089345/0000950170-24-089345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1431959/000095017024089345/mmat-20240725.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-089345

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