secwatch.observer — SEC 8-K summary
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Issuer:     Danimer Scientific, Inc. (—)
CIK:        0001779020
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0000950170-24-125968
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Danimer Scientific effects 1-for-40 reverse stock split, effective Nov 12, 2024
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- Reverse stock split at 1:40 ratio approved by stockholders on Oct 23, 2024; board set ratio.
- Effective 5:01 p.m. ET Nov 12; split-adjusted trading on NYSE begins Nov 13 under DNMR.
- No fractional shares issued; shareholders receive cash in lieu based on closing price.
- Authorized shares remain 600M; par value unchanged at $0.0001 per share.
- Proportional adjustments made to equity awards, warrants, and convertible notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024125968/0000950170-24-125968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779020/000095017024125968/dnmr-20241112.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-125968

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