secwatch.observer — SEC 8-K summary
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Issuer:     REGIS CORP (RGS)
CIK:        0000716643
Form:       8-K
Filed at:   2023-11-17T23:59:59+00:00
Accession:  0000716643-23-000054
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regis Corp announces 1-for-20 reverse stock split to meet NYSE minimum bid price
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- Reverse split ratio of 1-for-20; effective market open on November 29, 2023.
- Shares outstanding reduced from ~45.6M to ~2.3M; no fractional shares issued.
- Split is intended to regain compliance with NYSE continued listing standards by Dec 13, 2023.
- CUSIP number changes to 758932206; trading symbol remains RGS.
- All outstanding equity awards adjusted proportionately; fractional shares cashed out.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716643/000071664323000054/0000716643-23-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716643/000071664323000054/rgs-20231117.htm
  HTML page:      https://secwatch.observer/filing/0000716643-23-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer