secwatch.observer — SEC 8-K summary
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Issuer:     Surrozen, Inc./DE (SRZN)
CIK:        0001824893
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0000950170-23-069405
Event type: other
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Surrozen stockholders approve 1-for-15 reverse stock split, effective Dec 13, 2023
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- Special meeting Dec 7: 16.2M shares for, 784K against, 0.5K abstain on reverse-split amendment.
- Board set ratio at 1:15; effective Dec 13; every 15 shares convert to 1 share, no par value change.
- Common stock trades split-adjusted on Nasdaq under SRZN starting Dec 14; new CUSIP 86889P208.
- Warrants adjusted: exercise price increases to $172.50 from $11.50; shares per warrant reduced proportionately.
- No fractional shares issued; cash paid in lieu of fractional shares; par value remains $0.0001.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023069405/0000950170-23-069405-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023069405/srzn-20231207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069405

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