secwatch.observer — SEC 8-K summary
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Issuer:     CEMTREX INC (CETX)
CIK:        0001435064
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001493152-24-038789
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cemtrex announces 1-for-60 reverse stock split to regain Nasdaq compliance
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- Reverse stock split at 1-for-60 ratio effective Oct 3, 2024 at 12:01 a.m. ET.
- Split intended to regain Nasdaq minimum $1 bid price compliance; deficiency notice received June 14, 2024.
- CUSIP changes to 15130G808; trading symbol CETX unchanged.
- Outstanding Adjustable Warrants for 50M shares at $0.85 will have exercise price reduced and share count increased.
- No fractional shares; any fractional interest rounded up to one whole share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1435064/000149315224038789/0001493152-24-038789-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1435064/000149315224038789/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-038789

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