180 Life Sciences Corp. implements 1-for-19 reverse stock split Feb 28, 2024 to regain Nasdaq compliance

FORUM MARKETS Inc

Reverse stock split at 1-for-19 ratio, effective 12:01 a.m. ET on Feb 28, 2024.
Outstanding shares reduced from ~11.3M to ~0.6M; authorized shares unchanged.
Fractional shares rounded up to nearest whole share; no cash in lieu.
Split aims to meet Nasdaq $1.00 min bid price requirement; compliance deadline Mar 5, 2024.
CUSIP changed to 68236V302; trading symbols ATNF and ATNFW unchanged.

item 3.03 item 5.03 item 5.07 item 8.01 item 9.01

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

FORUM MARKETS Inc: Amendment to Second Amended and Restated Certificate of Incorporation to effect a 1-for-19 reverse stock split of common stock, effective February 28, 2024 at 12:01 a.m. Eastern Time (effective 2024-02-28).

Change: charter amendment
Effective: 2024-02-28

Exact text from the filing

On February 26, 2024, we filed a Certificate of Amendment to our Second Amended and Restated Certificate of Incorporation, as amended (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to effect the Reverse Stock Split.

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Source: SEC EDGAR

accession 0001213900-24-017724

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