---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-035109"
form_type: "8-K"
ticker: "VYST"
cik: "0001308027"
company_name: "Vystar Corp"
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T06:00:08.995977+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vystar completes 100:1 reverse stock split; authorizes Series B/C preferred to convert $7.35M debt

## Summary
- 100:1 reverse stock split effective Dec 9, 2022; shares outstanding reduced from ~1.29B to ~12.94M; fractional shares rounded up.
- Authorized shares increased to 520M (500M common, 20M preferred) immediately after reverse split.
- Series B Preferred: $7 liquidation preference, 1,000 common votes per share. 370,969 shares issued to pay off ~$2.34M debt.
- Series C Preferred: $2.61 liquidation preference, same voting. 1,917,973 shares issued to pay off ~$5.01M debt.
- Shareholders representing 59.75% of voting capital approved reverse split and authorized share increase on July 26, 2022.

## SEC filing metadata
- accession: 0001493152-22-035109
- form_type: 8-K
- ticker: VYST
- cik: 0001308027
- company_name: Vystar Corp
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-035109
- JSON: https://secwatch.observer/filing/0001493152-22-035109.json
- Plain text: https://secwatch.observer/filing/0001493152-22-035109.txt

## Key facts
- Governance Changes
  Vystar Corp: Amended articles of incorporation to effect a 100:1 reverse stock split and increase authorized common shares to 500 million and preferred shares to 20 million (effective 2022-08-26).
  - Change: charter amendment
  - Effective: 2022-08-26
  source text: The Company filed an amendment with the Secretary of State of the State of Georgia with respect to the Reverse Stock Split on August 26, 2022, and an amendment with respect to the increase in authorized shares of common stock on August 26, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm
- Governance Changes
  Vystar Corp: Authorized creation of 10% Series B Preferred Stock with 1,000,000 shares initially, later increased to 2,500,000 (effective 2022-02-25).
  - Change: charter amendment
  - Effective: 2022-02-25
  source text: On February 25, 2022, the Board authorized the 10% Series B Preferred Stock, and set aside 1,000,000 shares for 10% Series B Preferred Stock. On June 30, 2022 the number of shares set aside for 10% Series B Preferred Stock was increased to 2,500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm
- Governance Changes
  Vystar Corp: Authorized creation of 10% Series C Preferred Stock with 2,500,000 shares set aside (effective 2022-06-30).
  - Change: charter amendment
  - Effective: 2022-06-30
  source text: On June 30, 2022, the Board authorized the 10% Series C Preferred Stock, and set aside 2,500,000 shares for 10% Series C Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm
- Shareholder Votes
  Vystar Corp shareholders approved Approval of Amendment to 100:1 reverse stock split at the 2022-07-26 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2022-07-26
  source text: Approval of Amendment to 1,921,432,766 0 0 0 100:1 reverse stock split
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm
- Shareholder Votes
  Vystar Corp shareholders approved Approval of Amendment to Increase shares of authorized Common Stock 520 million at the 2022-07-26 meeting.
  - Outcome: passed
  - Meeting: 2022-07-26
  source text: Approval of Amendment to Increase shares of authorized Common Stock 520 million 1,921,432,766 0 0 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1308027/000149315222035109/0001493152-22-035109-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.