secwatch.observer — SEC 8-K summary
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Issuer:     Toughbuilt Industries, Inc (—)
CIK:        0001668370
Form:       8-K
Filed at:   2023-12-26T23:59:59+00:00
Accession:  0001575872-23-001942
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ToughBuilt announces 1-for-65 reverse stock split effective Jan 1, 2024
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- Reverse split ratio of 1-for-65; reduces outstanding shares from 36,915,222 to ~567,927.
- Effective 4:30 p.m. NY time Jan 1, 2024; trading begins on split-adjusted basis Jan 2.
- Shareholders approved split range (1:20 to 1:100) at Dec 11, 2023 annual meeting; board set 1:65.
- Fractional shares rounded up to nearest whole share; no change to 200M authorized shares.
- CUSIP changes to 89157G 868; trading symbol remains TBLT on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1668370/000157587223001942/0001575872-23-001942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1668370/000157587223001942/tblt-20231211.htm
  HTML page:      https://secwatch.observer/filing/0001575872-23-001942

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