{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-094376","form_type":"8-K","ticker":null,"cik":"0001431959","company_name":"META MATERIALS INC.","filed_at":"2024-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.043842+00:00","generated_at":"2026-05-31T10:21:33.366418+00:00","sec_items":["1.03","5.02"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Meta Materials files Chapter 7 bankruptcy, ceases operations, terminates all staff","bullets":["Filed voluntary Chapter 7 petition on Aug 9, 2024 in Nevada; trustee to liquidate assets.","All remaining employees and executive officers terminated, including CEO Uzi Sasson and CLO Dan Eaton.","Entire board resigns effective with filing; no directors or officers remain after bankruptcy.","Company ceased operations after considering all strategic alternatives."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-094376","json":"https://secwatch.observer/filing/0000950170-24-094376.json","markdown":"https://secwatch.observer/filing/0000950170-24-094376.md","text":"https://secwatch.observer/filing/0000950170-24-094376.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/mmat-20240807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T10:21:33.366418+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"24ac8bfcb1d844966c1e0d85095f9215308e6ca1","claim":"META MATERIALS INC. entered chapter 7 in United States Bankruptcy Court for the District of Nevada (petition 2024-08-09).","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 1.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","confidence":0.9,"family_label":"Distress & Bankruptcy","details":[{"label":"Proceeding","value":"chapter 7"},{"label":"Court","value":"United States Bankruptcy Court for the District of Nevada"},{"label":"Petition","value":"2024-08-09"}],"fact_type":"distress_event"},{"claim_id":"10aa07295c","claim":"Steen Karsbo resigned as Director at META MATERIALS INC..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"30d9c42b86","claim":"Vyomesh Joshi resigned as Director at META MATERIALS INC..","evidence_excerpt":"each of John R. 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Harding, Allison Christilaw, Steen Karsbo, Kenneth Hannah, Vyomesh Joshi and Philippe Morali tendered their resignations as members of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"66cefdb5be","claim":"Dan Eaton was terminated as Chief Legal Officer at META MATERIALS INC..","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"Chief Legal Officer"}],"fact_type":"executive_change"},{"claim_id":"70b52a5d70","claim":"Uzi Sasson was terminated as President and Chief Executive Officer at META MATERIALS INC..","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ba20f92ad1","claim":"John R. 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