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
DATASEA INC.: Filed Certificate of Change with Nevada Secretary of State to effect reverse stock split (effective 2024-01-16).
- Change
- charter amendment
- Effective
- 2024-01-16
Exact text from the filing
The Company filed a Certificate of Change (the “Certificate”) with the Secretary of State of the State of Nevada on January 16, 2024, to effect the Reverse Stock Split on January 19, 2024, in accordance with Nevada Revised Statutes (“NRS”) Section 78.209.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
DATASEA INC.: Reverse stock split at 1-for-15 ratio, reducing authorized shares from 375M to 25M (effective 2024-01-19).
- Change
- charter amendment
- Effective
- 2024-01-19
Exact text from the filing
The board of directors (“Board”) of Datasea Inc., a Nevada corporation (the “Company”), approved a reverse stock split of the Company’s authorized and issued and outstanding shares of common stock, par value $0.001 per share (“Common Stock”), at a ratio of 1-for-15 (the “Reverse Stock Split”). The Reverse Stock Split will become legal effective as of 5:01 p.m. Eastern Standard Time on January 19, 2024 (the “Legal Effective Date”), and the Common Stock will open for trading on The Nasdaq Stock Exchange (“NASDAQ”) on a reverse split-adjusted basis on January 23, 2024, under the existing trading symbol “DTSS”.
View on SEC.gov