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
ACORN ENERGY, INC.: Filed Certificate of Amendment to effect a 1-for-16 reverse stock split of common stock (effective 2023-09-07).
- Change
- charter amendment
- Effective
- 2023-09-07
Exact text from the filing
On September 6, 2023, Acorn Energy, Inc. (the “Company”) filed a Certificate of Amendment to the Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to effect a 1-for-16 reverse stock split (the “reverse stock split”) of the shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”) on September 7, 2023 at 5:00 pm EDT.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
ACORN ENERGY, INC.: Board of Directors approved amendment of Sections 1, 2 and 3 of Article X of the Bylaws to provide for shares to be issued in uncertificated or certificated form (effective 2023-09-05).
- Change
- bylaw amendment
- Effective
- 2023-09-05
Exact text from the filing
On September 5, 2023, the Company’s Board of Directors approved amendment of Sections 1, 2 and 3 of Article X of the Company’s By-laws, to be effective upon consummation of the reverse split, in order to more clearly provide for shares of the Company ’ s capital stock to be issued in either uncertificated or certificated form.
View on SEC.gov