secwatch.observer — SEC 8-K summary
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Issuer:     SUIC Worldwide Holdings Ltd. (SUIC)
CIK:        0001394108
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001554795-23-000224
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SUIC Worldwide 1-for-10 reverse stock split effective July 25, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1394108/000155479523000224/0001554795-23-000224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1394108/000155479523000224/suic0724form8k.htm
  HTML page:      https://secwatch.observer/filing/0001554795-23-000224

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