---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-003973"
form_type: "8-K"
ticker: "INBS"
cik: "0001725430"
company_name: "INTELLIGENT BIO SOLUTIONS INC."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:37:09.477116+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intelligent Bio Solutions announces 1-for-12 reverse stock split to meet Nasdaq minimum bid price

## Summary
- Reverse stock split effective 5:00 p.m. ET on Jan 26, 2024; adjusted trading begins Jan 29, 2024.
- Shares outstanding reduced from ~17.93M to ~1.49M; authorized shares unchanged at 100M.
- Purpose: increase per-share price to comply with Nasdaq's $1.00 minimum bid requirement.
- No fractional shares issued; rounding up to nearest whole share; par value $0.01 unchanged.
- Proportional adjustments to stock options, RSUs, warrants; Series E warrants have one-time exercise price reset.

## SEC filing metadata
- accession: 0001493152-24-003973
- form_type: 8-K
- ticker: INBS
- cik: 0001725430
- company_name: INTELLIGENT BIO SOLUTIONS INC.
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1725430/000149315224003973/0001493152-24-003973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725430/000149315224003973/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-003973
- JSON: https://secwatch.observer/filing/0001493152-24-003973.json
- Plain text: https://secwatch.observer/filing/0001493152-24-003973.txt

## Key facts
- Governance Changes
  INTELLIGENT BIO SOLUTIONS INC.: Amendment to Amended and Restated Certificate of Incorporation to effect a 1-for-12 reverse stock split (effective 2024-01-26).
  - Change: charter amendment
  - Effective: 2024-01-26
  source text: On January 26, 2024, the Amendment was filed with the Secretary of State of the State of Delaware and the Reverse Stock Split became effective in accordance with the terms of the Amendment at 5:00 p.m. Eastern Time on January 26, 2024 (the “Effective Time”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725430/000149315224003973/0001493152-24-003973-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.