---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-010121"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:19:54.962510+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NextPlat approves 1-for-10 reverse stock split to regain Nasdaq bid price compliance

## Summary
- Stockholders approved reverse split at special meeting on March 27, 2026.
- Board set ratio at 1-for-10; effective 12:01 a.m. ET on April 6, 2026.
- Outstanding shares reduced from ~27,026,215 to ~2,702,621 shares; ticker NXPL unchanged.
- New CUSIP for common stock: 68557F308; fractional shares will be cashed out.
- Reverse split required to meet Nasdaq minimum bid price requirement for continued listing.

## SEC filing metadata
- accession: 0001437749-26-010121
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774926010121/0001437749-26-010121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774926010121/nxpl20260323_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-010121
- JSON: https://secwatch.observer/filing/0001437749-26-010121.json
- Plain text: https://secwatch.observer/filing/0001437749-26-010121.txt

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