--- 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" generated_at: "2026-05-31T10:21:33.366418+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 1.0 calibrated_materiality_score: 1.0 confidence: "high" source: SEC EDGAR --- # Meta Materials files Chapter 7 bankruptcy, ceases operations, terminates all staff ## Summary - 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. ## SEC filing metadata - accession: 0000950170-24-094376 - form_type: 8-K - cik: 0001431959 - company_name: META MATERIALS INC. - filed_at: 2024-08-09T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 1.0 - calibrated_materiality_score: 1.0 - confidence: high - sec_items: 1.03, 5.02 - 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 ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000950170-24-094376 - JSON: https://secwatch.observer/filing/0000950170-24-094376.json - Plain text: https://secwatch.observer/filing/0000950170-24-094376.txt ## Key facts - Distress & Bankruptcy 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 source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Steen Karsbo resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Vyomesh Joshi resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Philippe Morali resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Dan Eaton was terminated as Chief Legal Officer at META MATERIALS INC.. - Action: terminated - Role: Chief Legal Officer source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Uzi Sasson was terminated as President and Chief Executive Officer at META MATERIALS INC.. - Action: terminated - Role: President and Chief Executive Officer source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change John R. Harding resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Kenneth Hannah resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm - Executive change Allison Christilaw resigned as Director at META MATERIALS INC.. - Action: resigned - Role: Director source text: 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_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017024094376/0000950170-24-094376-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.