other material
confidence high
sentiment neutral
materiality 0.10
ToughBuilt files Certificate of Correction to clarify reverse split did not change authorized shares or par value
Toughbuilt Industries, Inc
- Corrected a typographical error in the prior Certificate of Amendment dated Dec 21, 2023.
- Clarifies that authorized number and par value of common stock were not affected by the 1-for-65 reverse stock split.
- Reverse stock split effective Jan 1, 2024; common stock began trading on adjusted basis Jan 2, 2024.