---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-269416"
form_type: "8-K"
ticker: null
cik: "0001800682"
company_name: "Cano Health, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:47:40.223435+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cano Health completes 1-for-100 reverse stock split to regain NYSE compliance

## Summary
- Stockholders approved split at Nov 2 special meeting: 316M for, 19.6M against.
- Effective Nov 2; trading on split-adjusted basis begins Nov 3 on NYSE under CANO.
- Post-split shares: ~2.9M Class A and ~2.5M Class B common stock outstanding.
- Authorized shares cut from 6B to 60M Class A and from 1B to 10M Class B.
- Warrants adjusted: 100 warrants now exercise for one share at $1,150; redeemable.

## SEC filing metadata
- accession: 0001193125-23-269416
- form_type: 8-K
- cik: 0001800682
- company_name: Cano Health, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800682/000119312523269416/0001193125-23-269416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800682/000119312523269416/d563503d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-269416
- JSON: https://secwatch.observer/filing/0001193125-23-269416.json
- Plain text: https://secwatch.observer/filing/0001193125-23-269416.txt

## Key facts
- Governance Changes
  Cano Health, Inc.: Filed Certificate of Amendment to effect a 1-for-100 reverse stock split of Class A and Class B common stock (effective 2023-11-02).
  - Change: charter amendment
  - Effective: 2023-11-02
  source text: On November 2, 2023, Cano Health, Inc. (“ Cano Health ” or the “ Company ”) issued a press release (the “ Press Release ”) announcing, among other things, that it has filed a Certificate of Amendment (the “ Certificate of Amendment ”) to its Certificate of Incorporation with the Delaware Secretary of State to effect the 1-for-100 reverse stock split (the “ Reverse Stock Split ”) of shares of its Class A and Class B common stock, each previously $0.0001 par value per share (together, the “ Common Stock ”). The Certificate of Amendment became effective immediately upon filing on November 2, 2023 (the “ Effective Time ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800682/000119312523269416/0001193125-23-269416-index.htm
- Shareholder Votes
  Cano Health, Inc. shareholders approved a proposal to grant the Company’s Board of Directors the discretionary authority to amend the Company’s Certificate of Incorporation to effect a reverse stock split of the authorized shares of the Company’s Common Stock, including both issued and outstanding and unissued shares, at a ratio of 1-for- at the 2023-11-02 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-11-02
  source text: On November 2, 2023, the Company held a special stockholders’ meeting (the “ Special Meeting ”). At the Special Meeting, the Company’s stockholders approved a proposal to grant the Company’s Board of Directors the discretionary authority to amend the Company’s Certificate of Incorporation to effect a reverse stock split of the authorized shares of the Company’s Common Stock, including both issued and outstanding and unissued shares, at a ratio of 1-for-60, with the Board having the right to adjust such ratio, acting in its sole discretion and in the Company’s best interest, down to 1-for-5 and up to 1-for-100, inclusive, such exact ratio to be determined at any time prior to November 2, 2024 (the “ Reverse Stock Split Proposal ”). A total of 336,931,904 shares of the Company’s Common Stock were present at the Special Meeting in person or by proxy, which represented approximately 62% of the outstanding shares of the Company’s Common Stock as of October 5, 2023, the record date for the S
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800682/000119312523269416/0001193125-23-269416-index.htm

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