---
schema_version: "secwatch.filing_event.v1"
accession: "0001520138-24-000017"
form_type: "8-K"
ticker: "AXIL"
cik: "0001718500"
company_name: "Axil Brands, Inc."
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:19:21.602813+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Reviv3 Procare effects 1-for-20 reverse stock split to meet NYSE American listing requirements

## Summary
- Filed Certificate of Amendment on Jan 12, 2024; reverse split effective Jan 16, 2024 at 12:01 a.m. ET.
- 1-for-20 reverse stock split reduces outstanding shares from ~117M to ~5.85M, fractional shares rounded up.
- Action intended to meet NYSE American initial listing requirement of $3.00 minimum bid price.
- Common stock trades under RVIV; CUSIP post-split is 76151R206.
- CEO states split supports anticipated exchange listing and corporate rebranding to AXIL Brands.

## SEC filing metadata
- accession: 0001520138-24-000017
- form_type: 8-K
- ticker: AXIL
- cik: 0001718500
- company_name: Axil Brands, Inc.
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000017/0001520138-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000017/rviv-20240116_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001520138-24-000017
- JSON: https://secwatch.observer/filing/0001520138-24-000017.json
- Plain text: https://secwatch.observer/filing/0001520138-24-000017.txt

## Key facts
- Governance Changes
  Axil Brands, Inc.: Filed a Certificate of Amendment to effect a 1-for-20 reverse stock split of common stock (effective 2024-01-16).
  - Change: charter amendment
  - Effective: 2024-01-16
  source text: On January 12, 2024, Reviv3 Procare Company (the “Company”) filed a Certificate of Amendment (the “Amendment”) to the Company’s Amended and Restated Certificate of Incorporation, with the Delaware Secretary of State to implement a reverse stock split of the Company’s issued shares of common stock, par value $0.0001 per share at a ratio of one (1) for twenty (20) approved by the Company’s Board of Directors, effective at 12:01 a.m. Eastern Time on January 16, 2024 (the “Reverse Stock Split”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1718500/000152013824000017/0001520138-24-000017-index.htm

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