secwatch.observer — SEC 8-K summary
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Issuer:     Hempacco Co., Inc. (—)
CIK:        0001892480
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001477932-24-001105
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hempacco announces 1-for-10 reverse stock split to meet Nasdaq $1.00 bid price requirement
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- Reverse split approved by board on Feb 20, 2024; filed with Nevada on March 4, 2024.
- Effective at market open on March 13, 2024; pre-split shares ~31.4M, post-split ~3.14M.
- Authorized common shares reduced from 200M to 20M; no change to authorized preferred (50M shares).
- No fractional shares; rounded up to whole share. New CUSIP: 42371L205.
- Purpose: to reduce risk of delisting from Nasdaq due to bid price below $1.00.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892480/000147793224001105/0001477932-24-001105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892480/000147793224001105/hpco_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-24-001105

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