{"schema_version":"secwatch.filing_event.v1","accession":"0001377630-23-000116","form_type":"8-K","ticker":"NCMI","cik":"0001377630","company_name":"National CineMedia, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.740243+00:00","generated_at":"2026-06-12T07:36:41.030389+00:00","sec_items":["3.03","5.03","5.07","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"National CineMedia, Inc. announces 1-for-10 reverse stock split effective August 4, 2023","bullets":["Stockholders approved reverse stock split at a ratio between 1-for-10 and 1-for-100 at special meeting on August 2, 2023.","Board set final 1-for-10 ratio on August 2, 2023; split reduces outstanding shares from 174,191,498 to ~17,419,150.","Reverse split fulfills obligations under Restructuring Support Agreement and NCM LLC's Chapter 11 Plan of Reorganization.","Split expected to help regain Nasdaq minimum $1.00 average closing price compliance; no fractional shares issued.","Common stock begins trading on split-adjusted basis under same ticker NCMI on August 4, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001377630-23-000116","json":"https://secwatch.observer/filing/0001377630-23-000116.json","markdown":"https://secwatch.observer/filing/0001377630-23-000116.md","text":"https://secwatch.observer/filing/0001377630-23-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1377630/000137763023000116/0001377630-23-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1377630/000137763023000116/ncmllc-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T07:36:41.030389+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e3e2c6e3e593a6fd267bd9ba3a05323872e44d14","claim":"National CineMedia, Inc.: Filed a Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation to effect a 1-for-10 reverse stock split (effective 2023-08-03).","evidence_excerpt":"On August 3, 2023 (the “Effective Date”), National CineMedia, Inc., (the “Company” or “NCM, Inc.”) filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect a 1-for-10 reverse stock split of the Company’s issued and outstanding common stock, par value $0.01 per share (the “Common Stock”), effective upon the filing of the Certificate of Amendment (the “Reverse Stock Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377630/000137763023000116/0001377630-23-000116-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-08-03"}],"fact_type":"governance_change"},{"claim_id":"0f4dba723388829f6a7d0d19807a795448e0e7e0","claim":"National CineMedia, Inc. shareholders approved Adopt the Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation to effect the Reverse Stock Split at the 2023-08-02 meeting.","evidence_excerpt":"Proposal No. 1 — Adopt the Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation to effect the Reverse Stock Split Type of Security For Against Abstentions Broker Non-Votes Common Stock 75,279,465 2,515,152 66,010 — Series A Preferred 1,087,350,000 — — — Total 1,162,629,465 2,515,152 66,010 — This proposal required the approval of both (i) the affirmative vote of a majority of the votes cast by the holders of shares of the Common Stock and Series A Preferred stock, voting together as a class, and (ii) the affirmative vote of a majority of the votes cast by the holders of shares of the Common Stock. Both voting standards were satisfied at the Special Meeting and the proposal was approved.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1377630/000137763023000116/0001377630-23-000116-index.htm","confidence":0.95,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"reverse split"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-08-02"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}