Meta Materials Inc. (META), a company specializing in advanced materials and photonics, has filed an amended annual report for the fiscal year ended December 31, 2023. The amendment includes additional information required in Part III of Form 10-K, which was previously omitted. The report also includes new certifications by the principal executive officer and principal financial officer. The company has undergone a reverse stock split of 1-for-100, effective January 29, 2024, adjusting all common stock and securities accordingly. The company's Board of Directors consists of six members, with Uzi Sasson serving as President and CEO since November 2023. META's executive compensation program is designed to align with long-term shareholder value, focusing on variable compensation and stock ownership. The company has complied with...Show More

Meta Materials Inc. (META), a company specializing in advanced materials and photonics, has filed an amended annual report for the fiscal year ended December 31, 2023. The amendment includes additional information required in Part III of Form 10-K, which was previously omitted. The report also includes new certifications by the principal executive officer and principal financial officer. The company has undergone a reverse stock split of 1-for-100, effective January 29, 2024, adjusting all common stock and securities accordingly. The company's Board of Directors consists of six members, with Uzi Sasson serving as President and CEO since November 2023. META's executive compensation program is designed to align with long-term shareholder value, focusing on variable compensation and stock ownership. The company has complied with all SEC filing requirements for the past year, with a few exceptions of untimely filings by executives. META's Audit Committee oversees accounting and financial reporting processes, ensuring independence and compliance with regulatory standards. The company's market value, based on the closing price of common stock on June 30, 2023, was $103,814,030, with 6,695,536 shares outstanding as of April 24, 2024.