---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-069851"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:12:55.135926+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Akerna Corp. announces 20-for-1 reverse stock split effective Nov 8 to regain Nasdaq compliance

## Summary
- Reverse split ratio 20-for-1 reduces outstanding shares from ~80.4M to ~4.0M.
- Effective 12:01 a.m. ET Nov 8, 2022; split-adjusted trading starts Nov 8 under KERN.
- Stockholders approved at special meeting on Nov 7 with ~93.77% votes in favor.
- Reverse split intended to meet Nasdaq minimum bid price requirement.
- No fractional shares issued; all fractional shares rounded up to nearest whole share.

## SEC filing metadata
- accession: 0001213900-22-069851
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390022069851/0001213900-22-069851-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390022069851/ea168140-8k_akernacorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-069851
- JSON: https://secwatch.observer/filing/0001213900-22-069851.json
- Plain text: https://secwatch.observer/filing/0001213900-22-069851.txt

## Key facts
- Governance Changes
  American Bitcoin Corp.: Amended certificate of incorporation to effect a 20-for-1 reverse stock split, effective November 8, 2022 at 12:01 a.m. ET (effective 2022-11-08).
  - Change: charter amendment
  - Effective: 2022-11-08
  source text: Immediately after the Special Meeting, on November 7, 2022, pursuant to the authorization of our Board of Directors (the “Board”), we filed a Second Amendment to the Company’s Amended and Restated 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/1755953/000121390022069851/0001213900-22-069851-index.htm

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