other material
confidence high
sentiment negative
materiality 0.70
bowmo, Inc. files amendment for 1-for-1,000 reverse stock split, pending FINRA approval
bowmo, Inc.
- Stockholder consent on February 4, 2023 approved a 1-for-1,000 reverse stock split of common stock.
- Effective trading date is subject to FINRA approval; company will disclose in a subsequent 8-K.
- The amendment to Articles of Incorporation was filed on February 4, 2023, and is attached as Exhibit 3.1.
- Reverse stock split is intended to potentially improve marketability or compliance with listing requirements.