---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-020404"
form_type: "8-K"
ticker: "VDTA"
cik: "0002033264"
company_name: "Vertical Data Inc."
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:09:35.058977+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vertical Data shares outstanding drop 77% after founders surrender 31.8M shares

## Summary
- Founders and other shareholders voluntarily surrendered 31,752,690 common shares for no consideration effective Oct 8, 2025.
- Outstanding shares reduced from 41,193,052 to 9,440,362, a 77% decrease.
- Surrendered shares cancelled, boosting ownership percentages for remaining holders.
- No changes to business operations or financial position; capital structure event only.

## SEC filing metadata
- accession: 0001493152-25-020404
- form_type: 8-K
- ticker: VDTA
- cik: 0002033264
- company_name: Vertical Data Inc.
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2033264/000149315225020404/0001493152-25-020404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2033264/000149315225020404/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-020404
- JSON: https://secwatch.observer/filing/0001493152-25-020404.json
- Plain text: https://secwatch.observer/filing/0001493152-25-020404.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.