Data443 Risk Mitigation effects 1-for-600 reverse stock split to meet Nasdaq minimum bid price

Data443 Risk Mitigation, Inc.

Reverse split 1-for-600 effective Sept 14, 2023; approved by board and stockholders on Sept 7.
Outstanding shares reduced from 61,713,168 to ~102,856; no fractional shares issued.
Ticker temporarily changed to ATDSD for 20 business days, then reverts to ATDS.
CUSIP changed to 23804G401; par value unchanged; preferred stock unaffected.
Split intended to enable listing on Nasdaq Capital Market; application submitted.

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

Data443 Risk Mitigation, Inc.: Reverse stock split of common stock at 1-for-600 ratio effected by Certificate of Change filed with Nevada Secretary of State (effective 2023-09-14).

Change: charter amendment
Effective: 2023-09-14

Exact text from the filing

On September 15, 2023, Data443 Risk Mitigation, Inc. (the “ Company ”) was advised by the Nevada Secretary of State that it had accepted the Company’s filing of a Certificate of Change Pursuant to NRS 78.209, with a filing and effective date of September 14, 2023 (the “ Certificate ”).

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Data443 Risk Mitigation, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-033191

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