---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-024612"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2023-03-30T23:59:59+00:00"
generated_at: "2026-06-17T09:07:02.580353+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Cuentas effects 1:13 reverse stock split, reducing outstanding shares to ~2.09M

## Summary
- Reverse stock split at 1:13 ratio effective March 24, 2023; par value unchanged at $0.001.
- Outstanding shares reduced from 27,116,270 to 2,085,961; fractional shares rounded up.
- Proportional adjustments to warrants and equity awards; authorized shares unchanged.
- Board approved on March 17, 2023; stockholder approval not required.
- Common stock began trading on split-adjusted basis March 24, 2023.

## SEC filing metadata
- accession: 0001213900-23-024612
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2023-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390023024612/0001213900-23-024612-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390023024612/ea175924-8k_cuentasinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-024612
- JSON: https://secwatch.observer/filing/0001213900-23-024612.json
- Plain text: https://secwatch.observer/filing/0001213900-23-024612.txt

## Key facts
- Governance Changes
  Cuentas Inc.: Effected a one-for-thirteen reverse stock split by filing a Certificate of Amendment to the Amended and Restated Articles of Incorporation (effective 2023-03-24).
  - Change: charter amendment
  - Effective: 2023-03-24
  source text: On March 24, 2023, Cuentas, Inc. (the “Company”) effected a one-for-thirteen (1:13) reverse stock split (the “Reverse Stock Split”) of the shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”). To effect the Reverse Stock Split, the Company filed with the Florida Secretary of State a Certificate of Amendment to its Amended and Restated Articles of Incorporation (the “Certificate of Amendment”) which became effective as of 12:01 a.m. Eastern Standard Time on Friday, March 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390023024612/0001213900-23-024612-index.htm

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