{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-131275","form_type":"8-K","ticker":"FTCI","cik":"0001828161","company_name":"FTC Solar, Inc.","filed_at":"2024-11-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.873261+00:00","generated_at":"2026-05-29T15:04:33.368684+00:00","sec_items":["3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"FTC Solar announces 1-for-10 reverse stock split effective Nov 29, 2024 to meet Nasdaq bid price rule","bullets":["1-for-10 reverse stock split effective 5:00 PM ET Nov 29, 2024; adjusted trading starts Dec 2, 2024.","Outstanding shares reduced from ~127.8M to ~12.8M; no change in authorized shares or par value.","Split intended to remedy Nasdaq's minimum $1.00 bid price per share requirement.","Stockholders approved split at Nov 8 special meeting; board set ratio at 1-for-10.","New CUSIP number 30320C 301; trading symbol FTCI unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-131275","json":"https://secwatch.observer/filing/0000950170-24-131275.json","markdown":"https://secwatch.observer/filing/0000950170-24-131275.md","text":"https://secwatch.observer/filing/0000950170-24-131275.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828161/000095017024131275/0000950170-24-131275-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828161/000095017024131275/ftci-20241126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T15:04:33.368684+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eda513412c66a28711179004a6d0b628e8aaf9b8","claim":"FTC Solar, Inc.: The Company filed a Certificate of Amendment to effect a 1-for-10 reverse stock split of its common stock, effective November 29, 2024 (effective 2024-11-29).","evidence_excerpt":"As previously disclosed, at a special meeting of stockholders held on November 8, 2024, the stockholders of FTC Solar, Inc. (the “Company”) approved a proposal to authorize the Company’s board of directors (the “Board”) to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split (the “Reverse Stock Split”) of all outstanding shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio ranging from 1-for-5 to 1-for-25, with the actual split ratio and the split effective time to be determined by the Board in its discretion. The Board has approved the Reverse Stock Split at a ratio of 1-for-10, and on November 26, 2024, the Company filed with the Delaware Secretary of State a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Amended and Restated Certificate of Incorporation to effect the Reverse Stock Split. The Reverse Stock Split will become effective at 5:00 p.m., Eastern Time, on No","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828161/000095017024131275/0000950170-24-131275-index.htm","confidence":1.0,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-11-29"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}