---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-149962"
form_type: "8-K"
ticker: null
cik: "0001019671"
company_name: "SEACHANGE INTERNATIONAL INC"
filed_at: "2023-05-22T23:59:59+00:00"
generated_at: "2026-06-14T17:50:20.165445+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# 1-for-20 reverse stock split effective May 19; shares to trade split-adjusted May 23

## Summary
- Reverse stock split at 1-for-20 ratio became effective 5/19/2023 at 5:00 p.m. ET.
- Shares expected to begin trading split-adjusted on Nasdaq under ticker 'SEAC' at open on May 23, 2023.
- Outstanding shares reduced from ~51M to ~2.5M; new CUSIP 811699 404.
- Annual meeting approved reverse stock split, elected Peter Aquino and David Nicol as Class III directors, and ratified Marcum LLP as auditor.

## SEC filing metadata
- accession: 0001193125-23-149962
- form_type: 8-K
- cik: 0001019671
- company_name: SEACHANGE INTERNATIONAL INC
- filed_at: 2023-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/d475427d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-149962
- JSON: https://secwatch.observer/filing/0001193125-23-149962.json
- Plain text: https://secwatch.observer/filing/0001193125-23-149962.txt

## Key facts
- Governance Changes
  SEACHANGE INTERNATIONAL INC: Filed a certificate of amendment to the Amended and Restated Certificate of Incorporation to effect a 1-for-20 reverse stock split (effective 2023-05-19).
  - Change: charter amendment
  - Effective: 2023-05-19
  source text: On May 19, 2023, SeaChange International, Inc. (the “ Company ” or “ SeaChange ”) filed a certificate of amendment to the Company’s Amended and Restated Certificate of Incorporation (the “ Certificate of Amendment ”), with the Secretary of State of the State of Delaware to effect a 1-for-20 reverse stock split of the shares of the Company’s common stock, par value $0.01 per share (“ Common Stock ”), effective as of 5:00 p.m., Eastern Time, on May 19, 2023 (the “ Reverse Stock Split ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- Shareholder Votes
  SEACHANGE INTERNATIONAL INC shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-19 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-19
  source text: Say-on-Pay Vote: 23,402,670 2,365,988 925,824 9,987,601
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- Shareholder Votes
  SEACHANGE INTERNATIONAL INC shareholders approved Ratification of Marcum LLP as independent registered public accounting firm for fiscal year ending January 31, 2024 at the 2023-05-19 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-19
  source text: Auditor Ratification: 35,089,221 1,420,829 172,033 n/a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- Shareholder Votes
  SEACHANGE INTERNATIONAL INC shareholders approved Election of two Class III Directors at the 2023-05-19 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-19
  source text: Election of Peter Aquino: 23,560,485 3,037,929 96,068 9,987,601
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- Shareholder Votes
  SEACHANGE INTERNATIONAL INC shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-05-19 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-19
  source text: Say-on-Frequency Vote: 24,791,694 150,746 667,340 1,084,702 9,987,601
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm
- Shareholder Votes
  SEACHANGE INTERNATIONAL INC shareholders approved Approval of Certificate of Amendment to effect a reverse stock split at a ratio in the range of 1-for-15 to 1-for-25 at the 2023-05-19 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-05-19
  source text: Reverse Stock Split Vote: 32,420,902 3,348,427 912,754 n/a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019671/000119312523149962/0001193125-23-149962-index.htm

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