AiXin Life files amendment for 1-for-2 reverse stock split, subject to FINRA approval

AiXin Life International, Inc.

Amendment filed Jan 6, 2023; each two pre-split shares combine into one new share.
Outstanding shares would reduce from 49,999,891 to approximately 24,999,946 if effected.
Completion subject to Board discretion and FINRA approval; trading symbol will remain AIXN.
Effective date and new CUSIP number to be announced publicly upon FINRA approval.

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

AiXin Life International, Inc.: Filed amendment to Articles of Incorporation to effect a 1-for-2 reverse stock split, subject to Board discretion and FINRA approval (effective 2023-01-06).

Change: charter amendment
Effective: 2023-01-06

Exact text from the filing

Pursuant to resolutions adopted by the Board of Directors and the holders of a majority of the outstanding shares of common stock of AiXin Life International, Inc., on January 6, 2023, we filed an amendment to our Articles of Incorporation with respect to a proposed 1 for 2 "reverse" split of our common stock (the "Amendment").

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Source: SEC EDGAR

accession 0001493152-23-001284

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