secwatch.observer — SEC 8-K summary
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Issuer:     LANNETT CO INC (—)
CIK:        0000057725
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001104659-23-011491
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lannett Company effectuates 1-for-4 reverse stock split effective Feb 6, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57725/000110465923011491/0001104659-23-011491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57725/000110465923011491/tm235668d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-011491

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