secwatch.observer — SEC 8-K summary
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Issuer:     Surrozen, Inc./DE (SRZN)
CIK:        0001824893
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0000950170-23-070103
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Surrozen announces 1-for-15 reverse stock split effective December 13, 2023
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- Effective Dec 13, 2023, Surrozen effected a 1-for-15 reverse stock split of its common stock.
- Stockholders approved the reverse split at a special meeting on Dec 7, 2023; board set ratio at 1:15.
- Common stock begins trading on split-adjusted basis Dec 14, 2023 under same ticker SRZN; new CUSIP 86889P208.
- Warrants adjusted: every 15 pre-split warrants now represent 1 share; exercise price increased to $172.50 from $11.50.
- No fractional shares issued; cash payments in lieu of fractional shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023070103/0000950170-23-070103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824893/000095017023070103/srzn-20231213.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-070103

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