secwatch.observer — SEC 8-K summary
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Issuer:     Cingulate Inc. (CING)
CIK:        0001862150
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0001493152-24-030496
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cingulate approves 1-for-12 reverse stock split to meet Nasdaq bid price requirement
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- Nasdaq panel granted bid price exception through Aug 23, 2024, requiring reverse split by Aug 9 and $1 close for 10 days.
- Company filed 1-for-12 reverse stock split effective Aug 9, 2024; par value unchanged, authorized shares unchanged.
- Reverse split converts every 12 shares into 1; fractional shares rounded up; CUSIP changes to 17248W303.
- Stockholders approved reverse split ratio range 1:2 to 1:15 on July 30; Board chose 1:12.
- Company had been under discretionary panel monitor through May 2025; delisting notice received June 17, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1862150/000149315224030496/0001493152-24-030496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1862150/000149315224030496/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030496

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