Singlepoint implements 1-for-400 reverse stock split effective July 20; symbol temporarily SINGD

SinglePoint Inc.

Board selected 1-for-400 ratio from previously approved up to 750-for-1 on July 19, 2023.
Reverse split effective July 20, 2023; every 400 pre-split shares combine into one share.
No fractional shares issued; fractional amounts rounded up to next whole share.
Common stock trades under symbol 'SINGD' for 20 business days then reverts to 'SING'.
Transfer agent VStock Transfer, LLC will handle exchange of stock certificates.

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

SinglePoint Inc.: Filed Certificate of Amendment to effect a 1-for-400 reverse stock split, effective July 20, 2023 (effective 2023-07-20).

Change: charter amendment
Effective: 2023-07-20

Exact text from the filing

On July 19, 2023, Singlepoint Inc. (the “ Company ”) filed a Certificate of Amendment to the Amended and Restated Article of Incorporation of the Company with the Secretary of State of the State of Nevada (the “ Certificate of Amendment ”) to effect a 1-for-400 reverse stock split (the “ reverse stock split ”) of the shares of the Company’s common stock, (the “ Common Stock ”).

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Source: SEC EDGAR

accession 0001477932-23-005508

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