---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-010326"
form_type: "8-K"
ticker: "YCBD"
cik: "0001644903"
company_name: "cbdMD, Inc."
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T01:57:57.809719+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# cbdMD approves 1-for-45 reverse stock split effective April 24, 2023

## Summary
- Reverse split reduces outstanding shares from ~65.5M to ~1.45M; fractional shares rounded up.
- Split intended to meet NYSE American minimum price listing standard.
- Common stock continues trading under YCBD; new CUSIP 12482W 309.
- Proportionate adjustments to options, warrants, and Series A preferred conversion.
- Effective after market close April 24; trading on split-adjusted basis April 25.

## SEC filing metadata
- accession: 0001437749-23-010326
- form_type: 8-K
- ticker: YCBD
- cik: 0001644903
- company_name: cbdMD, Inc.
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1644903/000143774923010326/0001437749-23-010326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1644903/000143774923010326/ycbd20230414_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-010326
- JSON: https://secwatch.observer/filing/0001437749-23-010326.json
- Plain text: https://secwatch.observer/filing/0001437749-23-010326.txt

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