Global AI, Inc. completes 4-for-1 forward stock split effective January 29, 2024

Global AI, Inc.

Forward stock split of Class A and Class B common stock effective 11:45 a.m. Eastern on January 29, 2024.
Each outstanding share split into four shares; fractional shares rounded up to the next whole number.
Class A outstanding shares increase from approximately 28.6M to 114.3M; Class B from 10M to 40M.
Authorized shares remain unchanged at 250,000,000; par value $0.001 per share unchanged.

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

Global AI, Inc.: 4-for-1 forward stock split of Class A and Class B common stock via Certificate of Amendment (effective 2024-01-29).

Change: charter amendment
Effective: 2024-01-29

Exact text from the filing

On January 29, 2024, Global AI, Inc. (the “Company”) filed a Certificate of Amendment of the Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of Nevada to effect a 4-for-1 forward stock split of the shares of the Company’s Class A common stock, par value $0.001 per share (the “Class A Common Stock”), and Class B common stock, par value $0.001 per share (the “Class B Common Stock”), either issued and outstanding or held by the Company as treasury stock, effective as of 11:45 a.m. (Eastern time) on January 29, 2024 (the “Forward Stock Split”).

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Source: SEC EDGAR

accession 0001493152-24-004439

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