{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-102859","form_type":"8-K","ticker":"PRPO","cik":"0001043961","company_name":"Precipio, Inc.","filed_at":"2023-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.000668+00:00","generated_at":"2026-06-10T10:11:37.160284+00:00","sec_items":["5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Precipio effects 1-for-20 reverse stock split to regain Nasdaq compliance","bullets":["Reverse split 1-for-20 effective Sept 21, 2023; split-adjusted trading starts Sept 22.","Shares outstanding reduced from ~27.6M to ~1.38M; authorized shares unchanged.","Purpose: meet Nasdaq minimum bid price of $1.00; CEO expects broader investor base.","No fractional shares issued; cash paid for fractional entitlements based on closing price.","CEO acknowledges negative sentiment but cites revenue growth and path to breakeven."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-102859","json":"https://secwatch.observer/filing/0001104659-23-102859.json","markdown":"https://secwatch.observer/filing/0001104659-23-102859.md","text":"https://secwatch.observer/filing/0001104659-23-102859.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1043961/000110465923102859/0001104659-23-102859-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1043961/000110465923102859/tm2326654d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T10:11:37.160284+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":"774de978e2f5b8aa3ec2c9ab64cb7db65745b2a9","claim":"Precipio, Inc.: Filed Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock (effective 2023-09-21).","evidence_excerpt":"On September 21, 2023, Precipio, Inc. (the “Company”) filed a Certificate of Amendment to its Third Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of Delaware, pursuant to which the Company effected a 1-for-20 reverse stock split (the “Reverse Stock Split”) of its issued and outstanding common stock, par value $0.01 per share (the “Common Stock”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1043961/000110465923102859/0001104659-23-102859-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-09-21"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}