Smart for Life completes 1-for-3 reverse stock split, authorized shares cut to ~167M

SMART FOR LIFE, INC.

Reverse stock split effective August 2, 2023; ratio 1-for-3.
Authorized common shares reduced from 500,000,000 to 166,666,667; par value unchanged.
Common stock trades on Nasdaq Capital Market under same symbol SMFL with new CUSIP 83204U400.
Split follows previously announced plan; no impact on existing shareholders' proportional ownership.

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

SMART FOR LIFE, INC.: One-for-3 reverse stock split implemented via Certificate of Change, decreasing authorized common stock from 500M to 166,666,667 shares (effective 2023-08-02).

Change: charter amendment
Effective: 2023-08-02

Exact text from the filing

On August 2, 2023, Smart for Life, Inc. (the “ Company ”) implemented the previously announced one-for-3 reverse stock split (the “ Reverse Stock Split ”) of the Company’s authorized and outstanding common stock, par value $0.0001 per share (“ Common Stock ”) by filing a Certificate of Change that became effective on August 2, 2023

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Source: SEC EDGAR

accession 0001213900-23-064525

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