CISO Global announces 1-for-15 reverse stock split effective March 7, 2024 to regain Nasdaq compliance

CISO Global, Inc.

Reverse stock split ratio 1-for-15; effective after close on March 7, 2024; split-adjusted trading March 8.
Shares outstanding reduced from ~180M to ~12M; par value unchanged at $0.00001.
Primary goal: raise per share price to meet Nasdaq minimum $1.00 bid for continued listing.
CEO cites institutional investor concern about an 'anomaly in shares'; split to identify legitimate shareholders.
Outstanding equity awards, warrants, and convertible notes proportionately adjusted; no fractional shares issued.

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