On August 9, 2024, Meta Materials Inc., a Nevada-based company, filed for Chapter 7 bankruptcy, ceasing all operations. This decision came after exploring all strategic alternatives. The filing was made in the United States Bankruptcy Court for the District of Nevada, with the case number 24-50792. As a consequence of the bankruptcy filing, a Chapter 7 trustee will be appointed to manage the liquidation of the company's assets. Prior to the bankruptcy filing, on August 7, 2024, Meta Materials terminated all employees and executive officers, including President and CEO Uzi Sasson and Chief Legal Officer Dan Eaton. Additionally, all members of the Board of Directors resigned effective with the bankruptcy filing, citing the filing as the reason for their resignation and not due to any disagreements with the company's operations or practices. The company, listed on The Nasdaq Stock Market under the trading symbol MMAT, no longer has any executive officers, employees, or directors following these events.

On August 9, 2024, Meta Materials Inc., a Nevada-based company, filed for Chapter 7 bankruptcy, ceasing all operations. This decision came after exploring all strategic alternatives. The filing was made in the United States Bankruptcy Court for the District of Nevada, with the case number 24-50792. As a consequence of the bankruptcy filing, a Chapter 7 trustee will be appointed to manage the liquidation of the company's assets. Prior to the bankruptcy filing, on August 7, 2024, Meta Materials terminated all employees and executive officers, including President and CEO Uzi Sasson and Chief Legal Officer Dan Eaton. Additionally, all members of the Board of Directors resigned effective with the bankruptcy filing, citing the filing as the reason for their resignation and not due to any disagreements with the company's operations or practices. The company, listed on The Nasdaq Stock Market under the trading symbol MMAT, no longer has any executive officers, employees, or directors following these events.