QDM International increases authorized shares and effects 10-for-1 forward stock split

QDM International Inc.

Authorized common shares increased from 200M to 700M; preferred from 5M to 30M.
10-for-1 forward stock split effective April 5, 2024; outstanding shares rise from ~29.2M to ~291.6M.
Approved by 60.9% of voting power; FINRA approved with symbol QDMI unchanged.
New CUSIP for common stock is 74738H304; no change in preferred except Series C conversion rate.

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

QDM International Inc.: Articles of Amendment filed to increase authorized common stock from 200M to 700M shares and authorized preferred stock from 5M to 30M shares, and effect a 10-for-1 forward split of common stock (effective 2024-04-05).

Change: charter amendment
Effective: 2024-04-05

Exact text from the filing

On March 28, 2024, QDM International Inc. (the “Company”) filed an Articles of Amendment to Articles of Incorporation of the Company (the “Amendment”) with the Florida Department of State to (i) increase its authorized shares of common stock, par value $0.0001 per share, from 200,000,000 shares to 700,000,000 shares and its authorized shares of preferred stock, par value $0.0001 per share, from 5,000,000 shares to 30,000,000 shares; and (ii) effect a forward split of its issued and outstanding shares of common stock at a ratio of 10-for-1 (the “Forward Stock Split”), which became effective as of April 5, 2024.

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QDM International Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-031878

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