secwatch / observer
8-K filed May 10, 2024, 7:59 PM ET CIK 0001661779
other material confidence high sentiment neutral materiality 0.60

StartEngine increases authorized shares from 75M to 1.5B and implements 20-for-1 forward stock split

STARTENGINE CROWDFUNDING, INC.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

STARTENGINE CROWDFUNDING, INC.: Adopted amended bylaws to enhance corporate governance and compliance (effective 2024-05-06).

Change
bylaw amendment
Effective
2024-05-06
Exact text from the filing
On May 6, 2024, the Company’s Bylaws for the purpose of enhancing the company’s corporate governance and compliance with federal and state laws became effective.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

STARTENGINE CROWDFUNDING, INC.: Increased authorized shares from 75,000,000 to 1,500,000,000 and effected a 20-for-1 stock split (effective 2024-05-06).

Change
charter amendment
Effective
2024-05-06
Exact text from the filing
On May 6, 2024, StartEngine Crowdfunding, Inc. (“StartEngine”) filed with the Secretary of State of Delaware an amendment to its Certificate of Incorporation to increase the number of shares of Common Stock, part value $0.00001 per share, that StartEngine is authorized to issue from 75,000,000 to 1,500,000,000 and to provide that as of May 6, 2024, each share of Common Stock outstanding shall be automatically, and with no further action by the holder of such share, split into twenty shares of Common Stock.
View on SEC.gov

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Source: SEC EDGAR
accession 0001104659-24-059746
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