{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-050998","form_type":"8-K","ticker":null,"cik":"0000914712","company_name":"Steel Connect, Inc.","filed_at":"2023-06-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.787700+00:00","generated_at":"2026-06-13T19:35:50.626939+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Steel Connect effects 1-for-9.333 reverse stock split to regain Nasdaq compliance","bullets":["Net 1-for-9.333 reverse stock split effective June 21, 2023 through 1-for-3,500 reverse followed by 375-for-1 forward.","Purpose: regain $1.00 minimum bid price for continued Nasdaq listing.","No fractional shares issued; stockholders with fewer than 3,500 pre-split shares receive cash.","Trading symbol 'STCN' unchanged; new CUSIP 858098205 assigned.","Split-adjusted trading began at market open on June 22, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-050998","json":"https://secwatch.observer/filing/0001213900-23-050998.json","markdown":"https://secwatch.observer/filing/0001213900-23-050998.md","text":"https://secwatch.observer/filing/0001213900-23-050998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/914712/000121390023050998/0001213900-23-050998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/914712/000121390023050998/ea180712-8k_steelconn.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T19:35:50.626939+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a6ce5d71db58cd1342e58fd67099bb85521384af","claim":"Steel Connect, Inc.: Filed Certificates of Amendment to effect a 1-for-3,500 reverse stock split followed by a 375-for-1 forward stock split (effective 2023-06-21).","evidence_excerpt":"On June 21, 2023, Steel Connect, Inc., a Delaware corporation (the “Company”), filed a certificate of amendment to the Company’s restated certificate of incorporation (the “Charter”) with the Secretary of State of the State of Delaware (the “First Certificate of Amendment”) to effect a 1-for-3,500 reverse stock split","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/914712/000121390023050998/0001213900-23-050998-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-21"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}