secwatch.observer — SEC 8-K summary
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Issuer:     Nakamoto Inc. (NAKA)
CIK:        0001946573
Form:       8-K
Filed at:   2026-05-22T20:05:35+00:00
Accession:  0001493152-26-025015
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 3.03, 5.03, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Nakamoto Inc. announces 1-for-40 reverse stock split and appoints Tyler Evans to board
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- 1-for-40 reverse stock split effective 12:01 a.m. ET on May 22, 2026; outstanding shares reduced from approx. 696.1M to 17.4M.
- Board expanded from six to seven directors; Tyler Evans, Chief Investment Officer, appointed as Class II director effective May 22, 2026.
- Reverse split intended to regain compliance with Nasdaq's $1.00 minimum bid price for continued listing.
- No fractional shares issued; cash in lieu; proportionate adjustments to warrants and equity awards.
- Common stock (NAKA) begins trading on post-split basis with new CUSIP 49457M205; warrants (NAKAW) unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1946573/000149315226025015/0001493152-26-025015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1946573/000149315226025015/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-025015

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