secwatch.observer — SEC 8-K summary
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Issuer:     ATI Physical Therapy, Inc. (—)
CIK:        0001815849
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001140361-23-029837
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ATI Physical Therapy approves 1-for-50 reverse stock split to regain NYSE compliance
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- Reverse split at 1-for-50 ratio effective 4:01pm ET June 14, 2023; trading on split-adjusted basis June 15.
- Intended to regain compliance with NYSE minimum bid price continued listing requirement.
- No fractional shares; fractional interests rounded up to next whole share.
- Outstanding warrants adjusted: 50 warrants become exercisable for 1 share at $575.00 per share.
- New CUSIP for Class A common stock: 00216W208; trading symbol remains ATIP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1815849/000114036123029837/0001140361-23-029837-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1815849/000114036123029837/brhc20054157_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-029837

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