UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 10-Q/A
(Amendment No. 1)
(Mark One)
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2022
OR
☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission File Number: 001-36247
Meta Materials Inc.
(Exact Name of Registrant as Specified in its Charter)
Nevada | 74-3237581 |
(State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) |
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1 Research Drive Dartmouth, Nova Scotia | B2Y 4M9 |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (902) 482-5729
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
| Trading Symbol(s)
| Name of each exchange on which registered
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Common Stock, par value $0.001 per share | MMAT | Nasdaq Capital Market |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | ☒ | Accelerated filer | ☐ |
Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
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| 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. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
As of May 9, 2022, the registrant had 296,614,994 shares of common stock, $0.001 par value per share, outstanding.
Explanatory Note
Meta Materials Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (this “Amendment”) to its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”) on May 10, 2022 (the “Original Form 10-Q”) solely to include Exhibit 10.1, Amended and Restated Stock Option Plan, and Exhibit 10.2, 2021 Equity Incentive Plan, in the exhibit index, and to file Exhibit 10.3, Form of Stock Option Agreement, Exhibit 10.4, Form of RSU Agreement, Exhibit 10.5, Stock Purchase Agreement, dated March 31, 2022, by and between the Company, on the one hand, and Dmitry Yarmolich and Dzianis Yarmolich, on the other hand, and new certifications under Section 302 of the Sarbanes-Oxley Act of 2002 (the “Act”) in accordance with Rule 13a-14(a) under the Securities Exchange Act of 1934, as amended. Because no financial statements have been included in this Amendment, the certifications under Section 906 of the Act are not being filed with this Amendment. This Amendment does not reflect events occurring after the filing of the Original Form 10-Q on May 10, 2022 and therefore should be read in conjunction with the Original Form 10-Q and other filings with the SEC subsequent to the filing of the Original Form 10-Q.
Item 6. Exhibits
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| Incorporated by Reference | ||||
Exhibit
| Description
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| Form |
| Filing date |
| Filed Herewith |
10.1+ |
| S-8 |
| August 26, 2021 |
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10.2+ |
| S-8 |
| March 22, 2022 |
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10.3+ |
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| X | |
10.4+ |
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| X | |
10.5 |
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| X | |
31.3 |
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| X | |
31.4 |
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| X | |
101.INS | Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because XBRL tags are embedded within the Inline XBRL document. |
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101.SCH | Inline XBRL Taxonomy Extension Schema Document |
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101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document |
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101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document |
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101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document |
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101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document |
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104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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+ Indicates management contract or compensatory plan.
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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.
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| Meta Materials Inc. | |
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Dated: June 1, 2022 |
| By: | /s/ Kenneth Rice
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| Kenneth Rice |
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| Chief Financial Officer and Chief Operating Officer |
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| (Principal Financial and Accounting Officer) |
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