Orion Energy Systems announces 1:10 reverse stock split effective Aug 22, 2025

ORION ENERGY SYSTEMS, INC.

Reverse split at 1:10 ratio; shares outstanding drop from ~35.2M to ~3.5M.
Authorized shares reduced proportionally from 200M to 20M; no fractional shares, cash in lieu.
Split intended to raise bid price above $1 to regain Nasdaq continued listing compliance.
Stock will continue trading under symbol OESX on Nasdaq on split-adjusted basis from Aug 22.
Board and shareholders approved split; amendment filed with Wisconsin DFI on Aug 19.

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

ORION ENERGY SYSTEMS, INC.: Articles of Incorporation amended to effect a 1:10 reverse stock split, effective August 22, 2025, reducing authorized common shares from 200,000,000 to 20,000,000 (effective 2025-08-22).

Change: charter amendment
Effective: 2025-08-22

Exact text from the filing

On August 19, 2025, the Company filed the Amendment to the Articles of Incorporation attached hereto as Exhibit 3.1 with the Wisconsin Department of Financial Institutions. The Amendment will effect the Reverse Stock Split at a ratio of 1:10 effective as of 12:01 a.m., Central Time, on August 22, 2025 (the “Effective Time”).

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ORION ENERGY SYSTEMS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-25-183453

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