secwatch.observer — SEC 8-K summary
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Issuer:     Digital Media Solutions, Inc. (—)
CIK:        0001725134
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0001628280-23-030956
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digital Media Solutions implements 15-to-1 reverse stock split to meet NYSE $1 minimum
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1725134/000162828023030956/0001628280-23-030956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1725134/000162828023030956/dms-20230828.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-030956

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