META Announces Third Quarter and YTD 2021 Results
META Announces Third Quarter and YTD 2021 Results
HALIFAX, NS / ACCESSWIRE / November 15, 2021 / Meta Materials Inc. (the "Company" or "META®") (NASDAQ:MMAT, FSE:MMAT) a developer of high-performance functional materials and nanocomposites, today announced third quarter and YTD 2021 results. Please visit the Investors section of our website to view the Q3 2021 Shareholder Letter.
哈利法克斯，NS/ACCESSWIRE/2021年11月15日/高性能功能材料和納米複合材料開發商Meta Materials Inc.(以下簡稱“公司”或“META®”)(納斯達克市場代碼：MMAT，多倫多證券交易所市場代碼：MMAT)今天公佈了第三季度和2021年財報。請訪問我們網站的投資者部分，查看2021年第三季度的股東信函。
The interim financial statements and the associated management discussion and analysis for the quarter ended September 30, 2021 are available on the Investors section of our website as well as on Nasdaq.com or on the SEC EDGAR website at www.sec.gov.
截至2021年9月30日的季度的中期財務報表以及相關的管理層討論和分析可在我們網站的投資者部分以及納斯達克網站或美國證券交易委員會埃德加網站www.sec.gov上查閲。
In Q3 2021, total revenue grew 189%, to $572,612, compared to $198,175 in Q3 2020. For the nine months YTD 2021, total revenue increased by 111%, to $1,793,235, versus $848,858 in the first nine months of 2020. The Q3 2021 net loss was $11,425,248, $0.04 per share on 280,080,786 weighted average shares, compared to a net loss of $2,581,204, $0.02 per share on 155,913,202 weighted average shares in Q3 2020. For the nine months YTD 2021, the net loss was $61,467,070 (which includes a one-time, non-cash loss of $40,540,091 on financial instruments), $0.28 per share on 216,135,190 weighted average shares, compared to a loss of $5,815,233, $0.04 per share on 131,557,607 weighted average shares in the first nine months of 2020.
2021年第三季度，總收入增長189%，達到572,612美元，而2020年第三季度為198,175美元。在2021年的9個月裏，總收入增長了111%，達到1,793,235美元，而2020年前9個月的總收入為848,858美元。2021年第三季度淨虧損11,425,248美元，280,080,786股加權平均股票每股虧損0.04美元，而2020年第三季度加權平均股票155,913,202股淨虧損2,581,204美元，每股虧損0.02美元。2021年前9個月，淨虧損61,467,070美元(其中包括金融工具的一次性非現金虧損40,540,091美元)，216,135,190股加權平均股票每股虧損0.28美元，而2020年前9個月，131,557,607股加權平均股票每股虧損5,815,233美元，每股虧損0.04美元。
Net cash used in operating activities during the nine months YTD 2021 was $15,584,000, compared to $5,903,523 in the first nine months of 2020. Capital expenditures for purchases of property, plant, and equipment and intangible assets totaled $6,390,932. As of September 30, 2021, cash and cash equivalents totaled $140,796,052, and common shares outstanding were 281,200,905. Subsequent to quarter end, the Company used $72.1MM in cash to complete the acquisition of Nanotech Security Corp.
2021年頭9個月經營活動中使用的淨現金為15,584,000美元，而2020年前9個月為5,903,523美元。用於購置不動產、廠房和設備以及無形資產的資本支出總額為6390932美元。截至2021年9月30日，現金和現金等價物總計140,796,052美元，已發行普通股為281,200,905股。季度結束後，該公司使用7210萬美元現金完成了對Nanotech Security Corp.的收購。
About Meta Materials Inc.
關於Meta材料公司
META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Our nano-optic technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Learn more at www.metamaterial.com.
Meta®通過發明、設計、開發和製造可持續的高功能材料，在一系列應用中提供了以前無與倫比的性能。我們廣泛的技術平臺使領先的全球品牌能夠向其客户提供消費電子、5G通信、醫療保健、航空航天、汽車和清潔能源領域的突破性產品。我們的納米光學技術為政府文件和貨幣提供防偽安全功能，併為品牌提供認證。我們的成就得到了廣泛認可，包括被評為2021年Lux年度研究創新者。欲瞭解更多信息，請訪問www.metamaterial.com。
META MATERIALS INC.
CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (UNAUDITED)
Meta Material Inc.簡明合併中期資產負債表(未經審計)
|
As of September 30, 2021 |
As of December 31, 2020 |
|||||||
Assets |
||||||||
Current assets |
||||||||
Cash and cash equivalents |
$ | 140,796,052 | $ | 1,395,683 | ||||
Restricted cash |
421,817 | - | ||||||
Grants receivable |
285,063 | 327,868 | ||||||
Accounts receivable |
96,848 | 22,833 | ||||||
Inventory |
358,964 | 463,382 | ||||||
Prepaid expenses and other current assets |
3,262,595 | 514,204 | ||||||
Assets held for sale |
73,650,140 | - | ||||||
Due from related parties |
64,708 | - | ||||||
Total current assets |
218,936,187 | 2,723,970 | ||||||
Intangible assets, net |
4,642,904 | 4,476,614 | ||||||
Property, plant and equipment, net |
7,525,989 | 2,761,171 | ||||||
Operating lease right-of-use assets |
4,775,130 | 270,581 | ||||||
Goodwill |
218,828,518 | - | ||||||
Total assets |
$ | 454,708,728 | $ | 10,232,336 | ||||
Liabilities and stockholders' equity (deficit) |
||||||||
Current liabilities |
||||||||
Trade and other payables |
6,556,665 | 2,940,452 | ||||||
Due to related party |
- | 245,467 | ||||||
Current portion of long-term debt |
532,346 | 290,544 | ||||||
Current portion of deferred revenue |
1,186,885 | 1,239,927 | ||||||
Current portion of deferred government assistance |
842,425 | 779,578 | ||||||
Preferred stock liability |
77,906,354 | |||||||
Current portion of operating lease liabilities |
330,867 | 150,802 | ||||||
Asset retirement obligations |
21,937 | |||||||
Unsecured convertible promissory notes |
- | 1,203,235 | ||||||
Secured convertible debentures |
- | 5,545,470 | ||||||
Total current liabilities |
87,377,479 | 12,395,475 | ||||||
Deferred revenue |
637,559 | 804,143 | ||||||
Deferred government assistance |
38,869 | 146,510 | ||||||
Deferred tax liability |
131,907 | 318,054 | ||||||
Unsecured convertible debentures |
- | 1,825,389 | ||||||
Long-term operating lease liabilities |
2,423,123 | 119,779 | ||||||
Funding obligation |
868,169 | 776,884 | ||||||
Long-term debt |
2,698,515 | 2,743,504 | ||||||
Total liabilities |
94,175,621 | 19,129,738 | ||||||
Stockholders' equity (deficit) |
||||||||
Common stock - $0.001 par value; 1,000,000,000 shares authorized, 281,200,905 shares issued and outstanding at September 30, 2021, and $Nil par value; unlimited shares authorized, 154,163,975 shares issued and outstanding at December 31, 2020 |
259,384 | 132,347 | ||||||
Additional paid-in capital |
459,129,666 | 29,021,974 | ||||||
Accumulated other comprehensive income (loss) |
7,970 | (654,880 | ) | |||||
Accumulated deficit |
(98,863,913 | ) | (37,396,843 | ) | ||||
Total stockholders' equity (deficit) |
360,533,107 | (8,897,402 | ) | |||||
Total liabilities and stockholders' equity (deficit) |
$ | 454,708,728 | $ | 10,232,336 | ||||
|
自.起 2021年9月30日 |
自.起 2020年12月31日 |
|||||||
資產 |
||||||||
流動資產 |
||||||||
現金和現金等價物 |
$ | 140,796,052 | $ | 1,395,683 | ||||
受限現金 |
421,817 | - | ||||||
應收贈款 |
285,063 | 327,868 | ||||||
應收賬款 |
96,848 | 22,833 | ||||||
庫存 |
358,964 | 463,382 | ||||||
預付費用和其他流動資產 |
3,262,595 | 514,204 | ||||||
持有待售資產 |
73,650,140 | - | ||||||
關聯方應收賬款 |
64,708 | - | ||||||
流動資產總額 |
218,936,187 | 2,723,970 | ||||||
無形資產，淨額 |
4,642,904 | 4,476,614 | ||||||
財產、廠房和設備、淨值 |
7,525,989 | 2,761,171 | ||||||
經營性租賃使用權資產 |
4,775,130 | 270,581 | ||||||
商譽 |
218,828,518 | - | ||||||
總資產 |
$ | 454,708,728 | $ | 10,232,336 | ||||
負債和股東權益(赤字) |
||||||||
流動負債 |
||||||||
貿易和其他應付款項 |
6,556,665 | 2,940,452 | ||||||
因關聯方原因 |
- | 245,467 | ||||||
長期債務的當期部分 |
532,346 | 290,544 | ||||||
遞延收入的當期部分 |
1,186,885 | 1,239,927 | ||||||
延期政府援助的當期部分 |
842,425 | 779,578 | ||||||
優先股負債 |
77,906,354 | |||||||
經營租賃負債的當期部分 |
330,867 | 150,802 | ||||||
資產報廢義務 |
21,937 | |||||||
無擔保可轉換本票 |
- | 1,203,235 | ||||||
有擔保的可轉換債券 |
- | 5,545,470 | ||||||
流動負債總額 |
87,377,479 | 12,395,475 | ||||||
遞延收入 |
637,559 | 804,143 | ||||||
延期政府援助 |
38,869 | 146,510 | ||||||
遞延税項負債 |
131,907 | 318,054 | ||||||
無擔保可轉換債券 |
- | 1,825,389 | ||||||
長期經營租賃負債 |
2,423,123 | 119,779 | ||||||
籌資義務 |
868,169 | 776,884 | ||||||
長期債務 |
2,698,515 | 2,743,504 | ||||||
總負債 |
94,175,621 | 19,129,738 | ||||||
股東權益(虧損) |
||||||||
普通股-面值0.001美元；授權1,000,000,000股，於2021年9月30日發行和發行的281,200,905股，面值為零；授權的無限股份，截至2020年12月31日發行和發行的154,163,975股 |
259,384 | 132,347 | ||||||
額外實收資本 |
459,129,666 | 29,021,974 | ||||||
累計其他綜合收益(虧損) |
7,970 | (654,880 | ) | |||||
累計赤字 |
(98,863,913 | ) | (37,396,843 | ) | ||||
股東權益合計(虧損) |
360,533,107 | (8,897,402 | ) | |||||
總負債和股東權益(赤字) |
$ | 454,708,728 | $ | 10,232,336 | ||||
META MATERIALS INC.
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF OPERATIONS (UNAUDITED)
Meta Material Inc.簡明合併中期業務報表(未經審計)
|
Three months ended September 30, |
Nine months ended September 30, |
|||||||||||||||
| 2021 | 2020 | 2021 | 2020 | |||||||||||||
Revenue |
||||||||||||||||
Product sales |
297,431 | 982 | 321,431 | 2,904 | ||||||||||||
Development revenue |
275,181 | 197,193 | 1,471,804 | 845,954 | ||||||||||||
Total Revenue |
572,612 | 198,175 | 1,793,235 | 848,858 | ||||||||||||
Cost of goods sold |
145,103 | 935 | 146,209 | 3,095 | ||||||||||||
Gross Profit |
427,509 | 197,240 | 1,647,026 | 845,763 | ||||||||||||
Operating Expenses |
||||||||||||||||
Selling & Marketing |
427,004 | 196,276 | 1,122,469 | 520,804 | ||||||||||||
General & Administrative |
9,776,850 | 1,463,255 | 16,217,012 | 4,620,907 | ||||||||||||
Research & Development |
1,816,547 | 1,043,915 | 5,229,456 | 2,936,516 | ||||||||||||
Total operating expenses |
12,020,401 | 2,703,446 | 22,568,937 | 8,078,227 | ||||||||||||
Other income (expense) |
||||||||||||||||
Interest expense, net |
(215,116 | ) | (376,776 | ) | (1,093,833 | ) | (893,001 | ) | ||||||||
(Loss) Gain on foreign exchange, net |
(440,157 | ) | (175,514 | ) | (770,542 | ) | 81,159 | |||||||||
(Loss) Gain on financial instruments, net |
- | (118,455 | ) | (40,540,091 | ) | 1,167,310 | ||||||||||
Other income, net |
739,260 | 562,443 | 1,673,124 | 974,112 | ||||||||||||
Total other income (expenses) |
83,987 | (108,302 | ) | (40,731,342 | ) | 1,329,580 | ||||||||||
Loss before income taxes |
(11,508,905 | ) | (2,614,508 | ) | (61,653,253 | ) | (5,902,884 | ) | ||||||||
Income tax recovery |
83,657 | 33,304 | 186,183 | 87,651 | ||||||||||||
Net loss |
(11,425,248 | ) | (2,581,204 | ) | (61,467,070 | ) | (5,815,233 | ) | ||||||||
Other Comprehensive Income (Loss) net of tax |
||||||||||||||||
Foreign currency translation gain (loss) |
(125,976 | ) | 167,941 | (17,328 | ) | 8,693 | ||||||||||
Fair value gain (loss) on changes of own credit risk |
- | (223,221 | ) | 680,178 | (588,429 | ) | ||||||||||
Total Other Comprehensive Income (Loss) |
(125,976 | ) | (55,280 | ) | 662,850 | (579,736 | ) | |||||||||
Comprehensive loss |
(11,551,224 | ) | (2,636,484 | ) | (60,804,220 | ) | (6,394,969 | ) | ||||||||
Basic and diluted loss per share |
(0.04 | ) | (0.02 | ) | (0.28 | ) | (0.04 | ) | ||||||||
Weighted average number of shares outstanding - basic and diluted |
280,080,786 | 155,913,202 | 216,135,190 | 131,557,607 | ||||||||||||
|
截至三個月 9月30日， |
截至9個月 9月30日， |
|||||||||||||||
| 2021 | 2020 | 2021 | 2020 | |||||||||||||
收入 |
||||||||||||||||
產品銷售 |
297,431 | 982 | 321,431 | 2,904 | ||||||||||||
開發收入 |
275,181 | 197,193 | 1,471,804 | 845,954 | ||||||||||||
總收入 |
572,612 | 198,175 | 1,793,235 | 848,858 | ||||||||||||
銷貨成本 |
145,103 | 935 | 146,209 | 3,095 | ||||||||||||
毛利 |
427,509 | 197,240 | 1,647,026 | 845,763 | ||||||||||||
運營費用 |
||||||||||||||||
銷售與市場營銷 |
427,004 | 196,276 | 1,122,469 | 520,804 | ||||||||||||
一般事務和行政事務 |
9,776,850 | 1,463,255 | 16,217,012 | 4,620,907 | ||||||||||||
研究與發展 |
1,816,547 | 1,043,915 | 5,229,456 | 2,936,516 | ||||||||||||
總運營費用 |
12,020,401 | 2,703,446 | 22,568,937 | 8,078,227 | ||||||||||||
其他收入(費用) |
||||||||||||||||
利息支出，淨額 |
(215,116 | ) | (376,776 | ) | (1,093,833 | ) | (893,001 | ) | ||||||||
外匯淨收益(虧損) |
(440,157 | ) | (175,514 | ) | (770,542 | ) | 81,159 | |||||||||
金融工具淨收益(虧損) |
- | (118,455 | ) | (40,540,091 | ) | 1,167,310 | ||||||||||
其他收入，淨額 |
739,260 | 562,443 | 1,673,124 | 974,112 | ||||||||||||
其他收入(費用)合計 |
83,987 | (108,302 | ) | (40,731,342 | ) | 1,329,580 | ||||||||||
所得税前虧損 |
(11,508,905 | ) | (2,614,508 | ) | (61,653,253 | ) | (5,902,884 | ) | ||||||||
所得税退還 |
83,657 | 33,304 | 186,183 | 87,651 | ||||||||||||
淨損失 |
(11,425,248 | ) | (2,581,204 | ) | (61,467,070 | ) | (5,815,233 | ) | ||||||||
其他綜合收益(虧損)税後淨額 |
||||||||||||||||
外幣折算損益 |
(125,976 | ) | 167,941 | (17,328 | ) | 8,693 | ||||||||||
自身信用風險變動的公允價值損益 |
- | (223,221 | ) | 680,178 | (588,429 | ) | ||||||||||
其他全面收益(虧損)合計 |
(125,976 | ) | (55,280 | ) | 662,850 | (579,736 | ) | |||||||||
綜合損失 |
(11,551,224 | ) | (2,636,484 | ) | (60,804,220 | ) | (6,394,969 | ) | ||||||||
每股基本和攤薄虧損 |
(0.04 | ) | (0.02 | ) | (0.28 | ) | (0.04 | ) | ||||||||
加權平均流通股數--基本股數和稀釋股數 |
280,080,786 | 155,913,202 | 216,135,190 | 131,557,607 | ||||||||||||
META MATERIALS INC.
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (UNAUDITED)
Meta Material Inc.簡明合併中期現金流量表(未經審計)
| Nine months ended | ||||||||
| September 30, 2021 | September 30, 2020 | |||||||
| $ | $ | |||||||
Cash flows from operating activities: |
||||||||
Net loss |
(61,467,070 | ) | (5,815,233 | ) | ||||
Adjustments to reconcile net loss to net cash used in operating activities: |
||||||||
Non-cash finance income |
- | (14,002 | ) | |||||
Non-cash interest expense |
904,749 | 611,808 | ||||||
Non-cash lease expense |
256,785 | - | ||||||
Deferred income tax |
(186,183 | ) | (87,651 | ) | ||||
Depreciation and amortization |
1,798,607 | 1,768,261 | ||||||
Unrealized foreign currency exchange loss (gain) |
279,805 | (146,433 | ) | |||||
Loss (gain) on financial instruments, net |
40,540,091 | (1,167,310 | ) | |||||
Change in deferred revenue |
(239,057 | ) | (380,494 | ) | ||||
Non-cash government assistance |
(508,730 | ) | (274,632 | ) | ||||
Loss on debt settlement |
19,253 | - | ||||||
Stock-based compensation |
855,989 | 1,114,814 | ||||||
Non-cash consulting expense |
3,926,628 | 43,673 | ||||||
Changes in operating assets and liabilities |
(1,764,867 | ) | (1,556,324 | ) | ||||
Net cash used in operating activities |
(15,584,000 | ) | (5,903,523 | ) | ||||
Cash flows from investing activities |
||||||||
Purchases of intangible assets |
(838,664 | ) | (60,716 | ) | ||||
Purchases of property, plant and equipment |
(5,552,268 | ) | (651,651 | ) | ||||
Proceeds from reverse takeover |
146,954,733 | 3,072,136 | ||||||
Net cash provided by investing activities |
140,563,801 | 2,359,769 | ||||||
Cash flows from financing activities |
||||||||
Proceeds from long-term debt |
1,127,151 | 25,783 | ||||||
Repayments of long-term debt |
(938,496 | ) | (190,633 | ) | ||||
Proceeds from government grants |
223,384 | 198,286 | ||||||
Proceeds from unsecured promissory notes |
13,963,386 | 502,987 | ||||||
Proceeds from secured convertible debentures |
- | 3,630,019 | ||||||
Proceeds from unsecured convertible debentures |
- | 693,784 | ||||||
Proceeds from issuance of common stock and warrants, net |
- | 598,546 | ||||||
Proceeds from stock option exercises |
374,652 | - | ||||||
Proceeds from warrants exercises |
93,993 | - | ||||||
Proceeds from broker warrants exercises |
16,255 | - | ||||||
Net cash provided by financing activities |
14,860,325 | 5,458,772 | ||||||
Net increase in cash, cash equivalents and restricted cash |
139,840,126 | 1,915,018 | ||||||
Cash, cash equivalents and restricted cash at beginning of the period |
1,395,683 | 407,061 | ||||||
Effects of exchange rate changes on cash, cash equivalents and restricted cash |
(17,940 | ) | 83,582 | |||||
Cash, cash equivalents and restricted cash at end of the period |
141,217,869 | 2,405,661 | ||||||
Supplemental cash flow information |
||||||||
Accrued purchases of property, equipment, and patents |
799,305 | 225,357 | ||||||
Right-of-use assets obtained in exchange for lease liabilities |
892,003 | - | ||||||
Right-of-use assets and prepaid expenses recognized in exchange for common stock |
2,149,381 | - | ||||||
Settlement of liabilities in common stock |
52,063,432 | - | ||||||
Interest paid on debt |
64,528 | 114,040 | ||||||
| 截至9個月 | ||||||||
| 2021年9月30日 | 2020年9月30日 | |||||||
| $ | $ | |||||||
經營活動的現金流： |
||||||||
淨損失 |
(61,467,070 | ) | (5,815,233 | ) | ||||
對淨虧損與經營活動中使用的現金淨額進行調整： |
||||||||
非現金財務收入 |
- | (14,002 | ) | |||||
非現金利息支出 |
904,749 | 611,808 | ||||||
非現金租賃費用 |
256,785 | - | ||||||
遞延所得税 |
(186,183 | ) | (87,651 | ) | ||||
折舊及攤銷 |
1,798,607 | 1,768,261 | ||||||
未實現外匯匯兑損失(收益) |
279,805 | (146,433 | ) | |||||
金融工具淨損益 |
40,540,091 | (1,167,310 | ) | |||||
遞延收入變動 |
(239,057 | ) | (380,494 | ) | ||||
非現金政府援助 |
(508,730 | ) | (274,632 | ) | ||||
債務清償損失 |
19,253 | - | ||||||
基於股票的薪酬 |
855,989 | 1,114,814 | ||||||
非現金諮詢費 |
3,926,628 | 43,673 | ||||||
經營性資產和負債的變動 |
(1,764,867 | ) | (1,556,324 | ) | ||||
用於經營活動的現金淨額 |
(15,584,000 | ) | (5,903,523 | ) | ||||
投資活動的現金流 |
||||||||
購買無形資產 |
(838,664 | ) | (60,716 | ) | ||||
購置物業、廠房及設備 |
(5,552,268 | ) | (651,651 | ) | ||||
反向收購所得收益 |
146,954,733 | 3,072,136 | ||||||
投資活動提供的淨現金 |
140,563,801 | 2,359,769 | ||||||
融資活動的現金流 |
||||||||
長期債務收益 |
1,127,151 | 25,783 | ||||||
償還長期債務 |
(938,496 | ) | (190,633 | ) | ||||
政府撥款的收益 |
223,384 | 198,286 | ||||||
無擔保本票收益 |
13,963,386 | 502,987 | ||||||
有擔保的可轉換債券收益 |
- | 3,630,019 | ||||||
無擔保可轉換債券的收益 |
- | 693,784 | ||||||
發行普通股和認股權證所得款項，淨額 |
- | 598,546 | ||||||
行使股票期權所得收益 |
374,652 | - | ||||||
行使認股權證所得收益 |
93,993 | - | ||||||
經紀認股權證行權所得收益 |
16,255 | - | ||||||
融資活動提供的現金淨額 |
14,860,325 | 5,458,772 | ||||||
現金、現金等價物和限制性現金淨增長 |
139,840,126 | 1,915,018 | ||||||
期初現金、現金等價物和限制性現金 |
1,395,683 | 407,061 | ||||||
匯率變動對現金、現金等價物和限制性現金的影響 |
(17,940 | ) | 83,582 | |||||
期末現金、現金等價物和限制性現金 |
141,217,869 | 2,405,661 | ||||||
補充現金流信息 |
||||||||
財產、設備和專利的應計購置額 |
799,305 | 225,357 | ||||||
以租賃負債換取的使用權資產 |
892,003 | - | ||||||
用普通股交換確認的使用權資產和預付費用 |
2,149,381 | - | ||||||
普通股負債的清償 |
52,063,432 | - | ||||||
為債務支付的利息 |
64,528 | 114,040 | ||||||
Forward-Looking Information
前瞻性信息
This press release includes forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, regarding the Company, which may include, but are not limited to, statements with respect to the business strategies, product development, expansion plans and operational activities of the Company . Often but not always, forward-looking information can be identified by the use of words such as "pursuing", "potential", "predicts", "projects", "seeks", "plans", "expect", "intends", "anticipated", "believes" or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", "should", "would" or "will" be taken, occur or be achieved. Such statements are based on the current expectations and views of future events of the management of the Company and are based on assumptions and subject to risks and uncertainties. Although the management of the Company believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, the capabilities of our facilities and the expansion thereof, research and development projects of the Company, the market potential of the products of the Company , the market position of the Company, the scalability of the Company's production ability, capacity for new customer engagements, material selection programs timeframes, the ability to reduce production costs, enhance metamaterials manufacturing capabilities and extend market reach into new applications and industries, the ability to accelerate commercialization plans, the possibility of new customer contracts, the continued engagement of our employees, the technology industry, market strategic and operational activities, and management's ability to manage and to operate the business. More details about these and other risks that may impact the Company's businesses are described under the heading "Forward-Looking Information" and under the heading "Risk Factors" in the Company's Form 10-Q filed with the SEC on November 15, 2021, in the Company's Form 10-K filed with the SEC on March 18, 2021, and in subsequent filings made by Meta Materials with the SEC, which are available on SEC's website at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except to the extent required by law.
本新聞稿包括符合加拿大證券法、1933年證券法第27A條(經修訂)、1934年證券交易法第21E條(經修訂)和1995年私人證券訴訟改革法規定的有關公司的前瞻性信息或陳述，這些前瞻性信息或陳述可能包括但不限於有關公司的業務戰略、產品開發、擴張計劃和經營活動的陳述。前瞻性信息常常但不總是可以通過使用諸如“追求”、“潛在”、“預測”、“項目”、“尋求”、“計劃”、“預期”、“打算”、“預期”、“相信”或這些詞語和短語的變體(包括負面變體)，或者某些行動、事件或結果“可能”、“可能”、“應該”、“將”或“將”被採取、發生或實現的陳述來識別。此類陳述基於公司管理層對未來事件的當前預期和看法，是基於假設的，受風險和不確定因素的影響。儘管公司管理層認為這些陳述背後的假設是合理的，但它們可能被證明是不正確的。本新聞稿中討論的前瞻性事件和情況可能不會發生，可能會因影響公司的已知和未知風險因素和不確定性、我們設施的能力及其擴張、公司的研發項目、公司產品的市場潛力、公司的市場地位、公司生產能力的可擴展性、新客户接洽的能力、選材計劃時間框架、降低生產成本的能力而產生重大差異。, 增強超材料製造能力，將市場觸角伸向新的應用和行業，加速商業化計劃的能力，新客户合同的可能性，我們員工的持續參與，技術行業，市場戰略和運營活動，以及管理層管理和運營業務的能力。有關這些和其他可能影響公司業務的風險的更多詳細信息，將在公司於2021年11月15日提交給證券交易委員會的10-Q表格、2021年3月18日提交給證券交易委員會的10-K表格以及Meta Materials隨後提交給證券交易委員會的文件(可在證券交易委員會網站www.sec.gov上查閲)中的“前瞻性信息”標題和“風險因素”標題下進行描述。儘管公司試圖找出可能導致實際行動、事件或結果與前瞻性陳述中描述的大不相同的重要因素，但可能還有其他因素導致行動、事件或結果與預期、估計或預期的不同。因此，讀者不應過分依賴任何前瞻性陳述或信息。任何前瞻性陳述都不能保證。除適用的證券法要求外，前瞻性陳述僅在作出之日發表，公司不承擔任何公開更新或修改任何前瞻性陳述的義務，無論是由於新信息、未來事件或其他原因，除非法律要求。
Investor Contact
投資者聯繫方式
Mark Komonoski
Senior Vice President
Integrous Communications
Phone: 1-877-255-8483
Email: ir@metamaterial.com
馬克·科蒙諾斯基高級副總裁綜合通信電話：1-877-255-8483電子郵件：ir@metamaterial.com
Media Inquiries
媒體詢問
Rob Stone
Vice President, Corporate Development and Communications
Meta Materials Inc.
羅伯·斯通企業發展和傳播部副總裁Meta Materials Inc.
media@metamaterial.com
郵箱：media@metamaterial.com
SOURCE: Meta Materials Inc.
資料來源：Meta Materials Inc.
譯文內容由第三人軟體翻譯。