secwatch.observer — SEC 8-K summary
======================================

Issuer:     Outset Medical, Inc. (OM)
CIK:        0001484612
Form:       8-K
Filed at:   2025-03-18T23:59:59+00:00
Accession:  0001193125-25-056206
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Outset Medical announces 1-for-15 reverse stock split effective March 20, 2025
------------------------------------------------------------------------------

- Reverse split ratio set at 1-for-15; outstanding shares to drop from ~265M to ~17M.
- Effective 12:01 a.m. ET on March 20, 2025; split-adjusted trading starts at market open.
- Symbol unchanged (OM); new CUSIP 690145206; authorized shares and par value unchanged.
- Fractional shares will be cashed out; equity awards and exercise prices proportionately adjusted.
- Stockholders approved split ratio on March 5, 2025; board set final ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484612/000119312525056206/0001193125-25-056206-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484612/000119312525056206/d857573d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-056206

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