secwatch.observer — SEC 8-K summary
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Issuer:     INTELLIGENT BIO SOLUTIONS INC. (INBS)
CIK:        0001725430
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001493152-25-027534
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intelligent Bio Solutions announces 1-for-10 reverse stock split effective Dec 15, 2025
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- Reverse split approved by stockholders Oct 16, 2025; ratio set by Board at 1-for-10.
- Shares outstanding to reduce from ~9.6M to ~0.96M; authorized shares unchanged at 100M.
- No fractional shares; cash in lieu paid based on 5-day VWAP preceding split date.
- Trading symbol INBS unchanged; new CUSIP 36151G709; split-adjusted trading starts Dec 16.
- Historical net loss per share retroactively adjusted: FY2025 basic EPS becomes $(20.04) from $(2.00).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725430/000149315225027534/0001493152-25-027534-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725430/000149315225027534/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-027534

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