secwatch.observer — SEC 8-K summary
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Issuer:     Assertio Holdings, Inc. (ASRT)
CIK:        0001808665
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0001104659-25-123772
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Assertio Holdings to effect 1:15 reverse stock split effective Dec 26, 2025
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- Reverse split at ratio 1:15 effective 12:01 a.m. ET on Dec 26, 2025.
- Common stock will trade split-adjusted under symbol ASRT with new CUSIP 04546C 304.
- No fractional shares; cash will be paid for fractional interests based on Dec 24 closing price.
- Proportionate adjustments to conversion rate of 6.5% Convertible Senior Notes due 2027 and equity incentive plans.
- Reverse split approved by stockholders at May 7, 2025 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1808665/000110465925123772/0001104659-25-123772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1808665/000110465925123772/tm2533991d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-123772

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer