Avinger corrects reverse stock split ratio to 1-for-15, effective 5pm ET Sep 12

Avinger Inc

Amendment fixes errors in Sep 11 8-K: ratio changed from 1:12 to 1:15.
Effective time corrected from 5pm Sep 11 to 5pm Eastern Time Sep 12, 2023.
Reverse split approved by stockholders Sep 8; board set ratio at 1:15.
New CUSIP 053734877; trading on split-adjusted basis begins Sep 13.
Certificate of Amendment filed with Delaware Secretary of State Sep 11.

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

Avinger Inc: Certificate of Amendment to Amended and Restated Certificate of Incorporation to effect a 1-for-15 reverse stock split (effective 2023-09-12).

Change: charter amendment
Effective: 2023-09-12

Exact text from the filing

the Board determined to set the reverse stock split ratio at 1-for-15 (the “Reverse Stock Split”). The Reverse Stock Split will become effective as of 5:00 p.m., Eastern Time on September 12, 2023 (the “Effective Time”), pursuant to a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Amended and Restated Certificate of Incorporation filed with the Secretary of State of the State of Delaware on September 11, 2023.

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Source: SEC EDGAR

accession 0001437749-23-025638

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