{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-032036","form_type":"8-K","ticker":"ACFN","cik":"0000880984","company_name":"ACORN ENERGY, INC.","filed_at":"2023-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.857571+00:00","generated_at":"2026-06-10T22:26:37.171250+00:00","sec_items":["3.03","5.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Acorn Energy announces 1-for-16 reverse stock split effective Sept 7, 2023","bullets":["Reverse split reduces shares from 39.76M to ~2.48M; effective Sept 7, 2023 at 5pm EDT.","CEO Jan Loeb: revenue grew 22% in Q2'23 and 10% in H1 2023; net income positive in both periods.","Consolidated cash $1.6M at June 30, 2023; no debt; operating cash flow positive in first six months.","Trading under temporary symbol ACFND for 20 days, then reverts to ACFN; new CUSIP 004848206.","Reverse split intended to broaden investor base and support potential up-listing to a national exchange."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-032036","json":"https://secwatch.observer/filing/0001493152-23-032036.json","markdown":"https://secwatch.observer/filing/0001493152-23-032036.md","text":"https://secwatch.observer/filing/0001493152-23-032036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/880984/000149315223032036/0001493152-23-032036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/880984/000149315223032036/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:26:37.171250+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e5deeca4b1f71a158d5066fcae137558f2153c67","claim":"ACORN ENERGY, INC.: Filed Certificate of Amendment to effect a 1-for-16 reverse stock split of common stock (effective 2023-09-07).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315223032036/0001493152-23-032036-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-09-07"}],"fact_type":"governance_change"},{"claim_id":"ea31e9f369a0f4a1b611ae26dc21271229ec9b07","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/880984/000149315223032036/0001493152-23-032036-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-09-05"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}