{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-011491","form_type":"8-K","ticker":null,"cik":"0000057725","company_name":"LANNETT CO INC","filed_at":"2023-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.747543+00:00","generated_at":"2026-06-19T23:20:32.193282+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lannett Company effectuates 1-for-4 reverse stock split effective Feb 6, 2023","bullets":["Reverse stock split ratio 1-for-4; effective 5:00 PM ET on February 6, 2023.","Common stock trades on NYSE split-adjusted under ticker LCI with new CUSIP 516012 200 starting Feb 7.","Authorized common shares reduced from 100,000,000 to 25,000,000; outstanding shares adjusted proportionately.","No fractional shares issued; cash in lieu from aggregate sale of fractional shares by transfer agent.","Stockholders approved the split at Jan 25, 2023 annual meeting; board set ratio and filed certificate Feb 3."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-011491","json":"https://secwatch.observer/filing/0001104659-23-011491.json","markdown":"https://secwatch.observer/filing/0001104659-23-011491.md","text":"https://secwatch.observer/filing/0001104659-23-011491.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/57725/000110465923011491/0001104659-23-011491-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/57725/000110465923011491/tm235668d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T23:20:32.193282+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":"b4c6f7212b60b93f472d4d0ab8eb18150f630d7f","claim":"LANNETT CO INC: Reverse stock split at 1-for-4 ratio with corresponding reduction in authorized shares, effected by Certificate of Amendment to Certificate of Incorporation (effective 2023-02-06).","evidence_excerpt":"On February 3, 2023, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split. The Reverse Stock Split became effective as of 5:00 p.m. Eastern Time on February 6, 2023.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/57725/000110465923011491/0001104659-23-011491-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-02-06"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}