other_material
confidence high
sentiment neutral
materiality 0.50
KULR announces 1-for-8 reverse stock split effective June 23, 2025
KULR Technology Group, Inc.
- Reverse stock split ratio 1-for-8, effective at market open on June 23, 2025; stock symbol remains KULR.
- CEO Michael Mo says split aims to boost institutional participation and potential Russell 3000 inclusion.
- Outstanding shares to reduce from ~300M to <40M; no fractional shares, rounding up to full share.
- No change to authorized shares or par value; warrants/options proportionally adjusted.
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