secwatch.observer — SEC 8-K summary
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Issuer:     FUELCELL ENERGY INC (FCEL)
CIK:        0000886128
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001104659-24-115093
Event type: other
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FuelCell Energy to effect 1-for-30 reverse stock split on Nov 8 to regain Nasdaq compliance
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- Reverse split effective 5:00 p.m. ET Nov 8; post-split trading begins Nov 11 under symbol FCEL.
- Outstanding shares reduced from ~611M to ~20.4M; no change to authorized shares or par value.
- Cash paid in lieu of fractional shares based on Nov 8 closing price; new CUSIP 35952H700.
- Split intended to increase bid price to meet Nasdaq $1.00 minimum bid requirement.
- Equity awards, ESPP, and Series B preferred conversion rate adjusted proportionately.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886128/000110465924115093/0001104659-24-115093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886128/000110465924115093/tm2427658d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-115093

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