false 0001431959 0001431959 2022-11-09 2022-11-09

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 9, 2022

 

 

META MATERIALS INC.

(Exact name of registrant as specified in its charter)

 

 

 

Nevada   001-36247   74-3237581

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1 Research Drive

Dartmouth, Nova Scotia, Canada

  B2Y 4M9
(Address of principal executive offices)   (Zip Code)

(902) 482-5729

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange

on which registered

Common Stock, par value $0.001 per share   MMAT   The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


Item 8.01

Other Events.

As previously reported by Meta Materials Inc. (the “Company”) in its Current Report on Form 8-K filed with the Securities and Exchange Commission on August 30, 2022, the Company received written notice (“The Bid Price Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) on August 25, 2022 indicating that the Company was not in compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”).

On November 9, 2022, the Company received a letter (the “Compliance Letter”) from Nasdaq indicating that it has determined that, because the closing bid price of the Company’s common stock, par value $0.001 per share, was greater than $1.00 per share for the previous 10 consecutive trading days, the Company is now in full compliance with the Bid Price Rule. Accordingly, the Company has regained full compliance and the matter is now closed.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

    META MATERIALS INC.
Date: November 9, 2022     By:  

/s/ Ken Rice

      Ken Rice
      Chief Financial Officer & Chief Operating Officer
Meta Materials (NASDAQ:MMAT)
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