secwatch / observer
8-K filed August 9, 2024, 7:59 PM ET CIK 0001431959
other material confidence high sentiment negative materiality 1.00

META MATERIALS INC.: going-concern / distress — Meta Materials files Chapter 7 bankruptcy, ceases operations, terminates all staff

META MATERIALS INC.

item 1.03item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Steen Karsbo

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
Departed

Vyomesh Joshi

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
Departed

Philippe Morali

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
Departed

Dan Eaton

Chief Legal Officer
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
Company terminated all of its remaining employees and executive officers, including Uzi Sasson, its President and Chief Executive Officer, and Dan Eaton, its Chief Legal Officer
Departed

Uzi Sasson

President and Chief Executive Officer
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
Company terminated all of its remaining employees and executive officers, including Uzi Sasson, its President and Chief Executive Officer, and Dan Eaton, its Chief Legal Officer
Departed

John R. Harding

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
Departed

Kenneth Hannah

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
Departed

Allison Christilaw

Director
META MATERIALS INC.
Effective
2024-08-09
Filed
August 9, 2024, 7:59 PM ET
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Distress & Bankruptcy SEC 8-K Item 1.03 confidence 0.9

META MATERIALS INC. entered chapter 7 in United States Bankruptcy Court for the District of Nevada (petition 2024-08-09).

Proceeding
chapter 7
Court
United States Bankruptcy Court for the District of Nevada
Petition
2024-08-09
Exact text from the filing
On August 9, 2024, after consideration of all strategic alternatives, Meta Materials, Inc., a Nevada corporation (the “Company”), ceased operations and filed a voluntary petition for relief under the provisions of Chapter 7 of Title 11 of the United States Code, 11 U.S.C. §101 et seq. (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Nevada (the “Bankruptcy Court”), Case No. 24-50792 (the “Bankruptcy Filing”).
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Steen Karsbo resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Vyomesh Joshi resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Philippe Morali resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Eaton was terminated as Chief Legal Officer at META MATERIALS INC..

Action
terminated
Role
Chief Legal Officer
Exact text from the filing
Company terminated all of its remaining employees and executive officers, including Uzi Sasson, its President and Chief Executive Officer, and Dan Eaton, its Chief Legal Officer
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Uzi Sasson was terminated as President and Chief Executive Officer at META MATERIALS INC..

Action
terminated
Role
President and Chief Executive Officer
Exact text from the filing
Company terminated all of its remaining employees and executive officers, including Uzi Sasson, its President and Chief Executive Officer, and Dan Eaton, its Chief Legal Officer
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

John R. Harding resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Hannah resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Allison Christilaw resigned as Director at META MATERIALS INC..

Action
resigned
Role
Director
Exact text from the filing
each of John R. Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.
View on SEC.gov

Browse all distress & bankruptcy →

Source: SEC EDGAR
accession 0000950170-24-094376
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.