secwatch / observer
8-K filed May 26, 2023, 7:59 PM ET ticker ATLX CIK 0001540684
other material confidence high sentiment neutral materiality 0.65

Atlas Lithium completes 1-for-750 reverse stock split; reduces authorized shares to 200M

Atlas Lithium Corp

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

Atlas Lithium Corp: Adopted Second Amended and Restated Bylaws effective May 25, 2023, addressing advance notice, stockholder meeting procedures, virtual meetings, board size increase to 7, director qualifications, and other governance updates (effective 2023-05-25).

Change
bylaw amendment
Effective
2023-05-25
Exact text from the filing
On May 25, 2023, the Company adopted the Second Amended and Restated Bylaws of the Company (“A&R Bylaws”), effective as of such date. In line with the requirements of being a public company recently listed on the Nasdaq Stock Market LLC, the A&R Bylaws amend several aspects
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Atlas Lithium Corp: Filed Certificate of Change for 1-for-750 reverse stock split and corresponding reduction in authorized shares, and Certificate of Amendment to increase authorized common stock to 4 billion shares, each retroactively effective as of December 20, 2022; later filed Amended and Restated Articles reduci (effective 2022-12-20).

Change
charter amendment
Effective
2022-12-20
Exact text from the filing
in order to decrease the number of shares of the Company’s issued and outstanding shares of Common Stock and correspondingly decrease the number of authorized shares of Common Stock, each at a ratio of 1-for-750, retroactively effective as of December 20, 2022.
View on SEC.gov

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Atlas Lithium Corp filing history →

Source: SEC EDGAR
accession 0001493152-23-019306
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