secwatch.observer — SEC 8-K summary
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Issuer:     Longeveron Inc. (LGVN)
CIK:        0001721484
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001213900-24-024003
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Longeveron announces 1-for-10 reverse stock split to regain Nasdaq compliance
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- Outstanding Class A shares reduced from ~10.3M to ~1.03M; Class B from ~14.8M to ~1.48M.
- New CUSIP 54303L203; stock trades on Nasdaq as LGVN starting March 27 on split-adjusted basis.
- No fractional shares; all fractional interests rounded up to nearest whole share.
- Reverse split intended to increase share price to regain Nasdaq minimum bid compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1721484/000121390024024003/0001213900-24-024003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1721484/000121390024024003/ea0202009-8k_longeveron.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-024003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer