{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-23-000224","form_type":"8-K","ticker":"SUIC","cik":"0001394108","company_name":"SUIC Worldwide Holdings Ltd.","filed_at":"2023-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.776960+00:00","generated_at":"2026-06-13T04:07:49.235078+00:00","sec_items":["5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SUIC Worldwide 1-for-10 reverse stock split effective July 25, 2023","bullets":["Reverse split at 1-for-10 ratio approved by board on July 3, 2023, filed with Nevada Secretary of State.","FINRA declared effective July 24, 2023; market effective date July 25, 2023.","Ticker symbol will include 'D' for 20 business days then revert to SUIC.","Purpose stated: increase per share price to attract investors who avoid low-priced stocks."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-23-000224","json":"https://secwatch.observer/filing/0001554795-23-000224.json","markdown":"https://secwatch.observer/filing/0001554795-23-000224.md","text":"https://secwatch.observer/filing/0001554795-23-000224.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1394108/000155479523000224/0001554795-23-000224-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1394108/000155479523000224/suic0724form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T04:07:49.235078+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"76f3753aa6513bb78b0d9c6ec25a7e92864b6e08","claim":"SUIC Worldwide Holdings Ltd.: Authorized a 1-for-10 reverse stock split via amendment to the articles of incorporation (effective 2023-07-25).","evidence_excerpt":"On July 3, 2023, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1 for 10 for the purpose of increasing the per share price for the Company’s stock in an effort to attract future investors who might otherwise shy away from a good company because of its low stock price.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1394108/000155479523000224/0001554795-23-000224-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-07-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}