secwatch.observer — SEC 8-K summary
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Issuer:     Dolphin Entertainment, Inc. (DLPN)
CIK:        0001282224
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001079973-24-001415
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dolphin Entertainment effects 1-for-2 reverse stock split to regain Nasdaq minimum bid compliance
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- Reverse split effective Oct 16, 2024; shares trade split-adjusted same day on Nasdaq under symbol DLPN.
- Outstanding shares reduced from ~22.2M to ~11.1M; no fractional shares – rounding to whole share applied.
- Split aimed at regaining Nasdaq $1.00 minimum bid price continued listing requirement.
- Authorized shares unchanged at 200M; CUSIP changed to 25686H 308.
- Shareholder approval obtained at Sept 25, 2024 annual meeting; transfer agent provides exchange instructions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1282224/000107997324001415/0001079973-24-001415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1282224/000107997324001415/dlpn_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-001415

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