---
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"
generated_at: "2026-06-10T10:11:37.160284+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Precipio effects 1-for-20 reverse stock split to regain Nasdaq compliance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-102859
- JSON: https://secwatch.observer/filing/0001104659-23-102859.json
- Plain text: https://secwatch.observer/filing/0001104659-23-102859.txt

## Key facts
- Governance Changes
  Precipio, Inc.: Filed Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock (effective 2023-09-21).
  - Change: charter amendment
  - Effective: 2023-09-21
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1043961/000110465923102859/0001104659-23-102859-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.