---
schema_version: "secwatch.filing_event.v1"
accession: "0001193805-23-000223"
form_type: "8-K"
ticker: "ECOR"
cik: "0001560258"
company_name: "electroCore, Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T13:46:45.529852+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# electroCore announces 1-for-15 reverse stock split to regain Nasdaq compliance

## Summary
- Reverse stock split effective 12:01 a.m. ET on Feb 15, 2023; shares reduced from ~71.2M to ~4.74M.
- Stockholders approved split range of 1-for-5 to 1-for-50 at Feb 13 special meeting; Board set 1-for-15.
- Company appealed Nasdaq delisting notice (Dec 20, 2022) for bid price non-compliance; hearing held Feb 2, 2023.
- Fractional shares will be cashed out based on Feb 14, 2023 closing price; CUSIP changes to 28531P202.
- Option and warrant exercise prices adjusted proportionately; par value remains $0.001 per share.

## SEC filing metadata
- accession: 0001193805-23-000223
- form_type: 8-K
- ticker: ECOR
- cik: 0001560258
- company_name: electroCore, Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560258/000119380523000223/0001193805-23-000223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560258/000119380523000223/e618284_8k-electrocore.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193805-23-000223
- JSON: https://secwatch.observer/filing/0001193805-23-000223.json
- Plain text: https://secwatch.observer/filing/0001193805-23-000223.txt

## Key facts
- Governance Changes
  electroCore, Inc.: Certificate of Amendment filed to effect a 1-for-15 reverse stock split of common stock (effective 2023-02-15).
  - Change: charter amendment
  - Effective: 2023-02-15
  source text: On February 13, 2023, the Company filed a Certificate of Amendment to amend its Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect the Reverse Stock Split.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560258/000119380523000223/0001193805-23-000223-index.htm
- Shareholder Votes
  electroCore, Inc. shareholders approved Reverse Stock Split Proposal at the 2023-02-13 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-02-13
  source text: At the Special Meeting, the Reverse Stock Split Proposal was approved by the following vote: VOTES FOR VOTES AGAINST ABSTENTIONS BROKER NON-VOTES 35,177,971,546 1,498,143,215 385,996,846 n/a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560258/000119380523000223/0001193805-23-000223-index.htm

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