secwatch.observer — SEC 8-K summary
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Issuer:     IT TECH PACKAGING, INC. (ITP)
CIK:        0001358190
Form:       8-K
Filed at:   2022-06-28T23:59:59+00:00
Accession:  0001213900-22-035358
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IT Tech Packaging announces 1-for-10 reverse stock split to regain NYSE American compliance
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- 1-for-10 reverse stock split effective July 7, 2022; split-adjusted trading begins July 8, 2022 under ticker ITP.
- Authorized shares reduced from 500M to 50M; issued and outstanding reduced proportionally.
- No fractional shares; rounding up to nearest whole share; par value unchanged at $0.001.
- Split primarily intended to regain compliance with NYSE American continued listing standards due to low share price.
- Stockholders holding electronically need no action; paper certificates may be exchanged with transfer agent Empire Stock Transfer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1358190/000121390022035358/0001213900-22-035358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1358190/000121390022035358/ea162176-8k_ittechpack.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-035358

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