secwatch.observer — SEC 8-K summary
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Issuer:     NextPlat Corp (NXPL)
CIK:        0001058307
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001437749-26-011334
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NextPlat Corp effectuates 1-for-10 reverse stock split effective April 13, 2026
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- Reverse stock split at 1:10 ratio reduces outstanding shares from ~26.9M to ~2.7M.
- Effective at 12:01 am ET on April 13, 2026; ticker NXPL unchanged; new CUSIP 68557F308.
- No fractional shares issued; cash paid in lieu; authorized shares remain at 50M.
- Post-split net loss per share for FY2025 would be $4.41 vs $0.44 pre-split (FY2024: $6.51 vs $0.65).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926011334/0001437749-26-011334-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058307/000143774926011334/nxpl20260402_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-011334

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