secwatch.observer — SEC 8-K summary
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Issuer:     Leonardo DRS, Inc. (DRS)
CIK:        0001833756
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001628280-23-009265
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leonardo DRS adjusts prior filings for 1.4513-for-1 stock split effective Nov 23, 2022
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- Stock split ratio 1.451345331-for-1; outstanding shares increased from 145M to ~210.4M.
- Authorized common shares raised from 300M to 350M via amended charter filed Nov 23, 2022.
- Exhibit 99.1 updates MD&A and financial statements in 2021 Form 10-K and August 2022 8-K.
- No fractional shares issued; fractional interests rounded up to nearest whole share.
- No impact on preferred stock authorization or par value; split is cosmetic.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1833756/000162828023009265/0001628280-23-009265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1833756/000162828023009265/drs-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-009265

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