secwatch.observer — SEC 8-K summary
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Issuer:     Shapeways Holdings, Inc. (—)
CIK:        0001784851
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001628280-23-023129
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shapeways effects 1-for-8 reverse stock split to regain NYSE minimum bid compliance
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- Reverse split effective 4:01 p.m. ET June 22, 2023; common begins split-adjusted trading on June 23 under SHPW, new CUSIP 81947T201.
- Every eight old shares become one new share; no fractional shares – cash in lieu based on June 22 closing price.
- Authorized shares remain 120M, par value unchanged; warrants adjusted: exercise price $92, shares subject to warrants reduced to 2,301,250.
- Primary goal: raise per-share price to meet NYSE $1.00 average closing price requirement for continued listing.
- All outstanding options, warrants, and RSUs proportionately adjusted per their terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784851/000162828023023129/0001628280-23-023129-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784851/000162828023023129/shpw-20230622.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-023129

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