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

Issuer:     Horizon Kinetics Holding Corp (HKHC)
CIK:        0000088000
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000950170-24-090395
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Horizon Kinetics Holding completes 1-for-20 reverse stock split; trades under SLGDD temporarily
--------------------------------------------------------------------------------

- Reverse stock split (1-for-20) completed on Aug 5, 2024; common stock now trades under temporary ticker SLGDD for 20 days.
- Approximately 18 million shares issued to Horizon Kinetics as merger consideration on a post-split basis; not yet eligible for trading.
- Legacy shareholders own approximately 3.5% of the combined company on a post-split basis.
- Horizon Kinetics had AUM of approximately $7.9 billion and Net Tangible Assets of approximately $250 million as defined in the merger agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88000/000095017024090395/0000950170-24-090395-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88000/000095017024090395/slgdd-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-090395

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