Cemtrex to effect 1-for-35 reverse stock split effective Jan 23, 2023

CEMTREX INC

Reverse stock split at 1:35 ratio, effective 12:01 a.m. ET on January 23, 2023.
Pre-split shares outstanding: 27,778,856; post-split approximately 793,682.
No fractional shares issued; rounding up to one additional whole share.
Ticker CETX unchanged; new CUSIP 15130G 709.
Authorized shares remain 50M; par value of $0.001 per share unchanged.

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

CEMTREX INC: Effected a one-for-thirty-five reverse stock split via Certificate of Amendment to the Certificate of Incorporation (effective 2023-01-23).

Change: charter amendment
Effective: 2023-01-23

Exact text from the filing

Effective as of January 23, 2023, Cemtrex, Inc. (the “Company”) will effect a reverse stock split of its outstanding shares of common stock at a ratio of one-for-thirty five (the “Reverse Split”).

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Source: SEC EDGAR

accession 0001493152-23-001986

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