secwatch.observer — SEC 8-K summary
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Issuer:     Vislink Technologies, Inc. (VISL)
CIK:        0001565228
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001493152-23-014079
Event type: other
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vislink Technologies effectuates 1-for-20 reverse stock split to regain Nasdaq compliance
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- Reverse split effective 12:01 a.m. ET on May 1, 2023; trading on Nasdaq post-split same day under VISL.
- Approved by Board on Apr 26 after shareholder authorization at Jan 11 special meeting.
- Shares outstanding reduced from ~47.42M to ~2.37M; new CUSIP 92836Y409.
- No fractional shares; cash paid in lieu based on Apr 28 closing price.
- All options, warrants, and RSUs proportionally adjusted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1565228/000149315223014079/0001493152-23-014079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1565228/000149315223014079/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-014079

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