secwatch.observer — SEC 8-K summary
======================================

Issuer:     Atlas Lithium Corp (ATLX)
CIK:        0001540684
Form:       8-K
Filed at:   2023-05-26T23:59:59+00:00
Accession:  0001493152-23-019306
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- Filed 1-for-750 reverse stock split retroactive to Dec 20, 2022; authorized shares temporarily raised to 4B then cut to 200M.
- Withdrew Series B and Series C Convertible Preferred Stock designations, effective May 25, 2023.
- Adopted Second Amended and Restated Bylaws with advance notice provisions, board size up to 7, and virtual meeting allowance.
- Amended exculpation/indemnification provisions to reflect current Nevada law and opted out of 'combinations with interested stockholders' statutes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/0001493152-23-019306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1540684/000149315223019306/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-019306

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer