---
schema_version: "secwatch.filing_event.v1"
accession: "0001402479-23-000079"
form_type: "8-K"
ticker: null
cik: "0001402479"
company_name: "MedAvail Holdings, Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:53:40.688580+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MedAvail announces 1-for-50 reverse stock split to regain Nasdaq $1 bid compliance

## Summary
- Reverse stock split at 1-for-50 ratio effective 5:00 p.m. ET July 31, 2023; trading begins post-split Aug 1, 2023 under ticker MDVL.
- Outstanding shares reduced from ~81 million to ~1.6 million (subject to fractional share adjustments).
- Split approved by stockholders at June 14, 2023 Annual Meeting; Board set final ratio of 50:1 to regain Nasdaq $1.00 minimum bid compliance.
- No fractional shares issued; holders entitled to pro rata net proceeds from aggregation and sale of fractions by exchange agent Equiniti Trust.
- Authorized shares unchanged at 300M; par value remains $0.001; proportionate adjustments to options, warrants, and RSUs.

## SEC filing metadata
- accession: 0001402479-23-000079
- form_type: 8-K
- cik: 0001402479
- company_name: MedAvail Holdings, Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402479/000140247923000079/0001402479-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402479/000140247923000079/medavail-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402479-23-000079
- JSON: https://secwatch.observer/filing/0001402479-23-000079.json
- Plain text: https://secwatch.observer/filing/0001402479-23-000079.txt

## Key facts
- Governance Changes
  MedAvail Holdings, Inc.: Amended restated certificate of incorporation to effect a 1-for-50 reverse stock split of common stock (effective 2023-07-31).
  - Change: charter amendment
  - Effective: 2023-07-31
  source text: On July 31, 2023, MedAvail Holdings, Inc. filed a Certificate of Amendment of our Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a reverse stock split of our common stock, par value $0.001 per share, at a ratio of 1-for-50. The reverse stock split became effective at 5:00 p.m. Eastern time, on July 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1402479/000140247923000079/0001402479-23-000079-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.