Blackboxstocks effects 1-for-4 reverse stock split effective April 10, 2023

REALLOYS INC.

Board and stockholders approved reverse split; ratio set at 1-for-4 on April 7.
Every 4 pre-split shares consolidate into 1 share; no fractional shares issued, whole share given instead.
Common stock begins trading split-adjusted on Nasdaq on April 11 under symbol BLBX.
New CUSIP 09229E 303 assigned; adjustments made to stock options, warrants, and incentive plans.
Transfer agent Securities Transfer Corporation handling exchange; book-entry delivery for most holders.

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

REALLOYS INC.: Amendment to Articles of Incorporation to effect a reverse stock split at a ratio of one-for-four (effective 2023-04-10).

Change: charter amendment
Effective: 2023-04-10

Exact text from the filing

On April 10, 2023, the Company filed the Amendment to the Company’s Articles of Incorporation with the Nevada Secretary of State to effect the Reverse Stock Split at a Split Ratio of one-for-four. The Amendment takes effect April 10, 2023 at 4:01 p.m. Eastern Daylight Time

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REALLOYS INC. filing history →

Source: SEC EDGAR

accession 0001437749-23-009800

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