---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-047403"
form_type: "8-K"
ticker: null
cik: "0001785592"
company_name: "Leafly Holdings, Inc. /DE"
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:47:53.273423+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Leafly effectuates 1-for-20 reverse stock split to meet Nasdaq minimum bid price

## Summary
- Reverse stock split effective September 12, 2023; every 20 shares convert to 1 share.
- Common stock continues trading under symbol LFLY; new CUSIP 52178J303.
- Proportional adjustments to equity awards, warrants, and convertible notes; no fractional shares issued, rounding up.
- Stockholders approved split on July 12, 2023; board set ratio August 16, 2023.
- Goal to regain compliance with Nasdaq $1.00 minimum bid price; no guarantee of compliance.

## SEC filing metadata
- accession: 0000950170-23-047403
- form_type: 8-K
- cik: 0001785592
- company_name: Leafly Holdings, Inc. /DE
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785592/000095017023047403/0000950170-23-047403-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785592/000095017023047403/lfly-20230908.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-047403
- JSON: https://secwatch.observer/filing/0000950170-23-047403.json
- Plain text: https://secwatch.observer/filing/0000950170-23-047403.txt

## Key facts
- Governance Changes
  Leafly Holdings, Inc. /DE: Reverse stock split via Certificate of Amendment to Second Amended and Restated Certificate of Incorporation (effective 2023-09-12).
  - Change: charter amendment
  - Effective: 2023-09-12
  source text: On September 8, 2023, Leafly Holdings, Inc. (the “Company”) filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a one-for-twenty (1-for-20) reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.0001 (the “Common Stock”), effective on September 12, 2023 at 12:01 am Eastern Time (the “Effective Time”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785592/000095017023047403/0000950170-23-047403-index.htm

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