---
schema_version: "secwatch.filing_event.v1"
accession: "0000948708-24-000014"
form_type: "8-K"
ticker: "SMSI"
cik: "0000948708"
company_name: "SMITH MICRO SOFTWARE, INC."
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:40:29.238841+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Smith Micro approves 1-for-8 reverse stock split to regain Nasdaq compliance

## Summary
- Ratio of 1:8 approved by Board after stockholder vote; effective 11:59 p.m. ET on April 10, 2024.
- Stockholders voted 37,603,017 for, 14,922,078 against at special meeting on April 3, 2024.
- Outstanding shares will reduce from ~76,805,280 to ~9,600,660; authorized shares unchanged.
- Purpose is to increase share price to meet Nasdaq minimum bid price requirement.
- No fractional shares; rounding up to nearest whole share; CUSIP becomes 832154405.

## SEC filing metadata
- accession: 0000948708-24-000014
- form_type: 8-K
- ticker: SMSI
- cik: 0000948708
- company_name: SMITH MICRO SOFTWARE, INC.
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/948708/000094870824000014/0000948708-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/948708/000094870824000014/smsi-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000948708-24-000014
- JSON: https://secwatch.observer/filing/0000948708-24-000014.json
- Plain text: https://secwatch.observer/filing/0000948708-24-000014.txt

## Key facts
- Governance Changes
  SMITH MICRO SOFTWARE, INC.: Filed a certificate of amendment to the Certificate of Incorporation to effect a one-for-eight reverse stock split, effective at 11:59 p.m. ET on April 10, 2024 (effective 2024-04-10).
  - Change: charter amendment
  - Effective: 2024-04-10
  source text: On April 3, 2024, a Special Committee of the Company’s Board of Directors approved a final reverse stock split ratio of one-for-eight (1:8). Following such approval, the Company filed a certificate of amendment to the Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effect the reverse stock split, with an effective time of 11:59 p.m., Eastern Time on April 10, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000094870824000014/0000948708-24-000014-index.htm
- Shareholder Votes
  SMITH MICRO SOFTWARE, INC. shareholders approved Adjournment of the Special Meeting at the 2024-04-03 meeting.
  - Outcome: passed
  - Meeting: 2024-04-03
  source text: Proposal No. 2 – Approval of the Adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve Proposal One (Reverse Stock Split Proposal). For Against Abstain Broker Non Vote 41,860,779 10,784,040 137,994 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000094870824000014/0000948708-24-000014-index.htm
- Shareholder Votes
  SMITH MICRO SOFTWARE, INC. shareholders approved Reverse Stock Split Proposal at the 2024-04-03 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2024-04-03
  source text: Proposal No. 1 – Approval of the Reverse Stock Split Proposal. For Against Abstain Broker Non Vote 37,603,017 14,922,078 257,718 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/948708/000094870824000014/0000948708-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.