---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-061660"
form_type: "8-K"
ticker: null
cik: "0001719489"
company_name: "Kaleyra, Inc."
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:51:15.823476+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kaleyra approves 1-for-3.5 reverse stock split to comply with NYSE minimum bid price

## Summary
- Reverse stock split ratio 1-for-3.5; effective at market open on or about March 9, 2023.
- Shares outstanding reduced from ~45.85M to ~13.1M; no fractional shares, rounding up.
- Goal: increase stock price to meet NYSE's $1.00 minimum average closing price for continued listing.
- No change to authorized shares or par value; all options/warrants adjusted proportionally.
- CUSIP changes to 483379202; symbol remains KLR.

## SEC filing metadata
- accession: 0001193125-23-061660
- form_type: 8-K
- cik: 0001719489
- company_name: Kaleyra, Inc.
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1719489/000119312523061660/0001193125-23-061660-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1719489/000119312523061660/d377325d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-061660
- JSON: https://secwatch.observer/filing/0001193125-23-061660.json
- Plain text: https://secwatch.observer/filing/0001193125-23-061660.txt

## Key facts
- Governance Changes
  Kaleyra, Inc.: Approved a 1-for-3.5 reverse stock split requiring an amendment to the Second Amended and Restated Certificate of Incorporation.
  - Change: charter amendment
  source text: the Company’s Board of Directors has approved a 1-for-3.5 reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “Common Stock”), effective upon the related Amendment to the Company’s Second Amended and Restated Certificate of Incorporation becoming effective pursuant to Delaware law.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1719489/000119312523061660/0001193125-23-061660-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.