Motus GI effects 1-for-15 reverse stock split effective November 1, 2023

Motus GI Holdings, Inc.

Reverse stock split at 1-for-15 ratio effective 5:00 p.m. ET on November 1, 2023.
No fractional shares issued; cash paid in lieu of fractional shares.
CUSIP changed to 62014P504; common stock to trade on split-adjusted basis November 2, 2023.
Stockholders approved the split at September 21, 2023 annual meeting; board authorized filing on October 27, 2023.
All outstanding options, warrants, and convertible securities adjusted proportionally.

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

Motus GI Holdings, Inc.: Filed a Certificate of Amendment to effect a one-for-fifteen reverse stock split of common stock (effective 2023-11-01).

Change: charter amendment
Effective: 2023-11-01

Exact text from the filing

On November 1, 2023 (the “ Effective Date ”), Motus GI Holdings, Inc. (the “ Company ”) filed a Certificate of Amendment to the Company’s Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware (the “ Certificate of Amendment ”), which effected, at 5:00 p.m. Eastern Time on November 1, 2023, a one-for-fifteen reverse stock split (the “ Reverse Stock Split ”) of the Company’s issued and outstanding shares of common stock, par value $0.0001 per share (the “ Common Stock ”).

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Source: SEC EDGAR

accession 0001493152-23-039080

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