secwatch.observer — SEC 8-K summary
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Issuer:     MANGOCEUTICALS, INC. (MGRX)
CIK:        0001938046
Form:       8-K
Filed at:   2024-10-11T23:59:59+00:00
Accession:  0001493152-24-040955
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mangoceuticals announces 1-for-15 reverse stock split to meet Nasdaq $1 bid price
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- Reverse stock split at 1:15 ratio effective October 16, 2024 at 12:01 a.m. ET.
- Outstanding shares reduced from ~35.5M to ~2.4M (subject to fractional rounding).
- Split aimed at regaining Nasdaq minimum $1.00 bid price; compliance deadline Oct 28, 2024.
- Trading symbol MGRX unchanged; proportional adjustments made to options and warrants.
- Authority granted by stockholders in March 2024; final ratio set by Board on Oct 7, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1938046/000149315224040955/0001493152-24-040955-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1938046/000149315224040955/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-040955

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer