secwatch.observer — SEC 8-K summary
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Issuer:     RELIABILITY INC (RLBY)
CIK:        0000034285
Form:       8-K
Filed at:   2026-04-10T23:59:59+00:00
Accession:  0001493152-26-016224
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliability cancels 253.3M shares after consent judgment with Vivos parties
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- On April 2, 2026, 253,292,210 shares transferred to company from Vivos Holdings and canceled.
- Outstanding shares reduced to 46,707,790; authorized shares unchanged.
- Shares returned to authorized but unissued; not treasury.
- Existing stockholders' ownership percentages materially affected.
- Company intends to call shareholder meeting later this year; also amended bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34285/000149315226016224/0001493152-26-016224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34285/000149315226016224/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-016224

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