Flora Growth to effect 1-for-20 reverse stock split effective June 9, 2023

ZeroStack Corp.

Shareholders approved the split at June 6 meeting; ratio set at 1-for-20.
Effective 12:00:01 a.m. ET on June 9; trading on Nasdaq continues under FLGC.
New CUSIP 339764201; no fractional shares issued (rounded down).
Par value and number of authorized shares unchanged; ownership percentage not affected.

item 5.03 item 7.01 item 8.01 item 9.01

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

ZeroStack Corp.: Effect a 1-for-20 reverse stock split of common shares (effective 2023-06-09).

Change: charter amendment
Effective: 2023-06-09

Exact text from the filing

On June 7, 2023, Flora Growth Corp., a corporation organized under the laws of the Province of Ontario (the “ Company ”) filed an Amendment to its Articles of Incorporation (the “ Reverse Stock Split Articles Amendment ”) with the Ontario Ministry of Public and Business Service Delivery to effect a reverse stock split of the Company’s common shares, no par value per share (the “ common shares ”), at a ratio of 1-for-20, which will become effective at 12:00:01 a.m. Eastern Time on June 9, 2023

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Source: SEC EDGAR

accession 0001477932-23-004313

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