---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-024391"
form_type: "8-K"
ticker: null
cik: "0001691936"
company_name: "STRYVE FOODS, INC."
filed_at: "2023-07-13T23:59:59+00:00"
generated_at: "2026-06-13T08:46:46.179589+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Stryve Foods announces preliminary Q2 revenue growth and 1-for-15 reverse stock split to regain Nasdaq compliance

## Summary
- Preliminary Q2 net revenue $5.8-6.0M, +26-30% sequential growth from Q1 2023.
- Preliminary Adjusted EBITDA loss $2.4-2.7M, improved $8.7-9.0M YoY and $0.8-1.1M sequentially.
- Retail dollar sales +38% YoY per SPINs data through June 18, 2023; distribution points +19%.
- Board authorized 1-for-15 reverse stock split effective July 14, 2023, to regain Nasdaq $1 bid price compliance.
- Outstanding Class A shares will reduce from ~26.4M to ~1.76M; warrants adjust to 0.0666667 shares at $172.50.

## SEC filing metadata
- accession: 0001493152-23-024391
- form_type: 8-K
- cik: 0001691936
- company_name: STRYVE FOODS, INC.
- filed_at: 2023-07-13T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691936/000149315223024391/0001493152-23-024391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691936/000149315223024391/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-024391
- JSON: https://secwatch.observer/filing/0001493152-23-024391.json
- Plain text: https://secwatch.observer/filing/0001493152-23-024391.txt

## Key facts
- Earnings Releases
  STRYVE FOODS, INC. reported second quarter of 2023 results: revenue $5.8 million to $6.0 million.
  - Period: second quarter of 2023
  - Revenue: $5.8 million to $6.0 million
  - Result: preliminary results
  source text: The Company’s preliminary estimates for net revenue will be within a range of $5.8 million to $6.0 million for the quarter ended June 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1691936/000149315223024391/0001493152-23-024391-index.htm
- Governance Changes
  STRYVE FOODS, INC.: Filed a First Certificate of Amendment to effect a 1-for-15 reverse stock split of Class A and V common stock and reduce authorized shares of Class V common stock from 200 million to 15 million (effective 2023-07-14).
  - Change: charter amendment
  - Effective: 2023-07-14
  source text: Stryve Foods, Inc. (the “Company”) filed a First Certificate of Amendment to its First Amended and Restated Certificate of Incorporation (the “Certificate”) to be effective as of 12:01 a.m. EST on July 14, 2023 authorizing a 1-for-15 reverse stock split of the issued and outstanding shares of Class A and V common stock (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1691936/000149315223024391/0001493152-23-024391-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
