secwatch.observer — SEC 8-K summary
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Issuer:     Horizon Kinetics Holding Corp (HKHC)
CIK:        0000088000
Form:       8-K
Filed at:   2024-05-15T23:59:59+00:00
Accession:  0000950170-24-060571
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Scott's Liquid Gold amends Horizon Kinetics merger to include 1-for-20 reverse stock split
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- Amends merger agreement to replace share increase with 1-for-20 reverse stock split prior to Delaware conversion.
- Merger consideration proportionally adjusted due to reverse split; max consideration unchanged at 31,850,000 shares.
- Reverse stock split intended to raise per share trading price; authorized shares remain unchanged.
- Requisite Parent Vote now covers approval of conversion, reverse stock split, and name change.
- Amendment also modifies application of PCAOB audit standards and effects of conversion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88000/000095017024060571/0000950170-24-060571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88000/000095017024060571/slgd-20240510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-060571

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