Actelis Networks effects 1-for-10 reverse stock split, effective April 18, 2023

ACTELIS NETWORKS INC

Reverse stock split approved and filed with Delaware Secretary of State; CUSIP changed to 00503R409.
Common stock begins split-adjusted trading on Nasdaq on April 19, 2023; ticker remains ASNS.
No fractional shares issued; fractional shares rounded up to next whole share.
Outstanding awards, exercise prices, and terms automatically adjusted to reflect split.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ACTELIS NETWORKS INC: Certificate of Amendment effecting a 1-for-10 reverse stock split of common stock (effective 2023-04-18).

Change: charter amendment
Effective: 2023-04-18

Exact text from the filing

Actelis Networks, Inc. (the “Company”) filed a Certificate of Amendment to the Twenty Fourth Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to affect a 1-for-10 reverse stock split (the “Reverse Stock Split”) of the shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) on April 18, 2023.

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Source: SEC EDGAR

accession 0001213900-23-030517

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