secwatch.observer — SEC 8-K summary
======================================

Issuer:     Leafly Holdings, Inc. /DE (—)
CIK:        0001785592
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0000950170-23-047403
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1785592/000095017023047403/0000950170-23-047403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1785592/000095017023047403/lfly-20230908.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-047403

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