Aeva Technologies effects 1-for-5 reverse stock split effective March 18

Aeva Technologies, Inc.

Reverse stock split at 1:5 ratio effective 4:01 pm ET March 18; trading on split-adjusted basis begins March 19.
New CUSIP for common stock: 00835Q202; symbol AEVA unchanged.
No fractional shares issued; cash payment in lieu of fractional shares.
Public warrants exercise price adjusted to $57.50 per share (from $11.50 pre-split).
Reverse split intended to meet NYSE continued listing price criteria.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Aeva Technologies, Inc.: Effected a 1-for-5 reverse stock split by filing a Certificate of Amendment to the Amended and Restated Certificate of Incorporation (effective 2024-03-18).

Change: charter amendment
Effective: 2024-03-18

Exact text from the filing

On March 18, 2024, Aeva Technologies, Inc. (“the Company”), filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effect a 1-for-5 reverse stock split (the “Reverse Stock Split”) of the Company’s shares of common stock, $0.0001 par value (the “Common Stock”).

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Aeva Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-070371

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