secwatch.observer — SEC 8-K summary
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Issuer:     Singularity Future Technology Ltd. (SGLY)
CIK:        0001422892
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001213900-24-014317
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Singularity Future Technology effects 1-for-10 reverse stock split to meet Nasdaq bid price rule
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- Reverse split effective Feb 9, 2024; shares trade split-adjusted on Nasdaq starting Feb 12 under symbol SGLY.
- Pre-split outstanding shares of 34,515,526 reduced to approximately 3,451,553; fractional shares rounded up.
- Split intended to raise per-share price above $1.00 minimum bid for continued Nasdaq listing.
- Authorized share count unchanged; new CUSIP is 82935V 307.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422892/000121390024014317/0001213900-24-014317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422892/000121390024014317/ea193833-8k_singularity.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-014317

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