other material
confidence high
sentiment neutral
materiality 0.50
Iveda Solutions effects 1-for-4 reverse stock split, authorized shares cut to 9.375M
Iveda Solutions, Inc.
- Reverse stock split at 1:4 ratio; outstanding shares drop from ~18.07M to ~4.52M.
- Authorized shares reduced from 37.5M to 9.375M via Certificate of Change filed with Nevada.
- No fractional shares issued; fractional shares rounded up to nearest whole number.
- New CUSIP number 46583A 303 assigned; trading symbol IVDA unchanged.
- Outstanding warrants and options will be adjusted proportionally.