secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001437749-23-028177
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology effects 1-for-10 reverse stock split to regain Nasdaq compliance
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- Reverse stock split at ratio of 1-for-10; effective 5:00 p.m. ET on October 13, 2023.
- Outstanding common shares reduced from ~13.79M to ~1.38M; par value unchanged at $0.01.
- Common stock begins trading split-adjusted on October 16, 2023 under MIND; new CUSIP 602566309.
- Corresponding amendment to Series A Preferred Stock (MINDP) adjusts share cap and exchange cap pro rata.
- Split intended to meet Nasdaq minimum bid price requirement for continued listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774923028177/0001437749-23-028177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774923028177/mind20231010_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028177

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer