secwatch.observer — SEC 8-K summary
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Issuer:     Claritev Corp (CTEV)
CIK:        0001793229
Form:       8-K
Filed at:   2024-09-11T23:59:59+00:00
Accession:  0001628280-24-040056
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MultiPlan stockholders approve reverse stock split; 1-for-40 split effective Sept. 20
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- Special meeting vote: 494,468,432 for, 5,160,539 against; proposal passed.
- 1-for-40 reverse split effective Sept. 20, 2024 at 5:00 p.m. ET; trading on split-adjusted basis from Sept. 23.
- Outstanding shares to decrease from ~658M to ~16.5M; warrants, options, convertible notes adjusted proportionally.
- Split intended to raise per-share price to meet NYSE continued listing price criteria.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793229/000162828024040056/0001628280-24-040056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793229/000162828024040056/mpln-20240909.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-040056

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