Sugarmade announces 1-for-200 reverse stock split, effective October 20, 2023

Sugarmade, Inc.

Reverse stock split ratio of 1-for-200, with fractional shares rounded up to nearest whole share.
Originally filed October 12; effective date corrected from October 18 to October 20, 2023.
FINRA announced the split on October 19; trading on split-adjusted basis begins October 20.
Certificate of Amendment and Certificate of Correction filed as Exhibits 3.1 and 3.2.

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

Sugarmade, Inc.: Amended certificate of incorporation to effect a 1-for-200 reverse stock split, later corrected to effective October 20, 2023 (effective 2023-10-20).

Change: charter amendment
Effective: 2023-10-20

Exact text from the filing

Sugarmade, Inc. (the “Company”) filed on October 12, 2023, a Certificate of Amendment to the Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”). According to the Certificate of Amendment, the Company shall effect a 1-for-200 reverse stock split

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Source: SEC EDGAR

accession 0001493152-23-037719

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