secwatch.observer — SEC 8-K summary
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Issuer:     Leslie's, Inc. (LESL)
CIK:        0001821806
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-221843
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leslie's executes 1-for-20 reverse stock split; shares outstanding drop to ~9.3M
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- Reverse stock split effective Sept 26, 2025; adjusted trading begins Sept 29 on Nasdaq under LESL.
- Each 20 pre-split shares combined into 1 share; outstanding shares reduced to approx 9,289,790.
- Authorized shares reduced to 50,000,000; par value unchanged at $0.001 per share.
- No fractional shares issued; aggregated fractional shares sold and proceeds distributed pro rata.
- Equity awards under 2020 Omnibus Incentive Plan proportionately adjusted for split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821806/000119312525221843/0001193125-25-221843-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821806/000119312525221843/lesl-20250926.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-221843

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