secwatch.observer — SEC 8-K summary
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Issuer:     SHINECO, INC. (—)
CIK:        0001300734
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001493152-24-007010
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shineco announces 1-for-10 reverse stock split to regain Nasdaq compliance
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- Effective Feb 16, 2024; every 10 shares convert to 1 share; par value $0.001 unchanged.
- Authorized common stock increased from 100M to 150M shares; post-split shares ~6.4M.
- New CUSIP 824567408; ticker SISI unchanged; fractional shares rounded up.
- Reverse split aims to meet Nasdaq minimum $1 bid price requirement for continued listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1300734/000149315224007010/0001493152-24-007010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1300734/000149315224007010/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-007010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer