secwatch.observer — SEC 8-K summary
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Issuer:     Cuentas Inc. (CUEN)
CIK:        0001424657
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001213900-23-024612
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424657/000121390023024612/0001213900-23-024612-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424657/000121390023024612/ea175924-8k_cuentasinc.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-024612

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer