{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-030956","form_type":"8-K","ticker":null,"cik":"0001725134","company_name":"Digital Media Solutions, Inc.","filed_at":"2023-08-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.002322+00:00","generated_at":"2026-06-11T02:01:59.896083+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Digital Media Solutions implements 15-to-1 reverse stock split to meet NYSE $1 minimum","bullets":["Reverse stock split effective Aug 28, 2023; every 15 shares combined into 1 share.","Class A shares reduced from ~41M to ~2.7M; Class B from ~25.1M to ~1.7M.","No fractional shares issued; shareholders receive whole share for fractional interests.","Split intended to regain compliance with NYSE $1.00 minimum closing price by Sept 29, 2023.","Trading symbol DMS unchanged; new CUSIP 25401G403."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-030956","json":"https://secwatch.observer/filing/0001628280-23-030956.json","markdown":"https://secwatch.observer/filing/0001628280-23-030956.md","text":"https://secwatch.observer/filing/0001628280-23-030956.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023030956/0001628280-23-030956-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023030956/dms-20230828.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T02:01:59.896083+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0634f8a9cfcbb557095c78652ca306123d5d0572","claim":"Digital Media Solutions, Inc.: Filed an amendment to the certificate of incorporation to effect a 1-for-15 reverse stock split of Class A and Class B common stock (effective 2023-08-28).","evidence_excerpt":"On August 28, 2023, Digital Media Solutions, Inc. filed an amendment to its certificate of incorporation in the State of Delaware (the \"Amendment\"), which provides that, after the market close on August 28, 2023 (the \"Reverse Split Effective Time\"), every fifteen shares of our issued and outstanding Class A Common Stock and Class B Common Stock will automatically be combined into one issued and outstanding share of Class A Common Stock and Class B Common Stock, respectively, without any change in the par value per share (the “Reverse Stock Split”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1725134/000162828023030956/0001628280-23-030956-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-08-28"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}