secwatch.observer — SEC 8-K summary
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Issuer:     Picard Medical, Inc. (PMI)
CIK:        0002030617
Form:       8-K
Filed at:   2026-07-22T00:51:39+00:00
Accession:  0001437749-26-024025
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Picard Medical announces 1-for-50 reverse stock split to maintain NYSE American listing
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- Reverse stock split at 1-for-50 effective 5:00 PM ET on July 31, 2026.
- Split-adjusted trading under ticker PMI begins August 3, 2026; new CUSIP 71953R 207.
- No fractional shares issued; fractional interests rounded up to nearest whole share.
- Stockholders approved split on July 17, 2026; board set ratio at 1-for-50.
- Split intended to support continued compliance with NYSE American listing standards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030617/000143774926024025/0001437749-26-024025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030617/000143774926024025/pmi20260721_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-024025

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