CISO Global completes 1-for-15 reverse stock split effective March 7

CISO Global, Inc.

Reverse stock split at 1:15 ratio effective after market close on March 7, 2024.
No fractional shares issued; holders entitled to one whole share in lieu of fractional shares.
Common stock begins trading split-adjusted March 8 under new CUSIP 15672X201.
Stockholders authorized reverse split on Dec 14, 2023; Board set ratio at 1:15 on Feb 29, 2024.
Registration statements proportionately adjusted to reflect reduced share count post-split.

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

CISO Global, Inc.: Amended Certificate of Incorporation to effect a one-for-fifteen reverse stock split (effective 2024-03-07).

Change: charter amendment
Effective: 2024-03-07

Exact text from the filing

On March 7, 2024, CISO Global, Inc. (the “Company”), effected a one-for-fifteen reverse stock split (“Reverse Stock Split”) of the Company’s common stock, par value $0.00001 (the “Common Stock”) on The Nasdaq Stock Market LLC (“Nasdaq”), upon the close of the market.

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CISO Global, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-009208

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