Nate's Food Co. amends charter to prohibit reverse stock split before 2025 unless uplisting

NATE'S FOOD CO.

Amendment filed with Colorado Secretary of State effective October 8, 2023.
Company commits not to engage in reverse stock split before January 1, 2025, unless uplisting to NASDAQ or NYSE.
Move follows agreement to acquire JP Energy; aims to pave way for potential uplisting.
Press release issued October 10, 2023 reaffirming shareholder commitment.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

NATE'S FOOD CO.: Amended Articles of Incorporation to prohibit reverse stock split before January 1, 2025 unless uplisting to NASDAQ or NYSE (effective 2023-10-08).

Change: charter amendment
Effective: 2023-10-08

Exact text from the filing

On October 8, 2023, the Company amended its Articles of Incorporation, effective immediately, to reflect a change in policy: the Company will not engage in a reverse stock split of its Common Stock before January 1, 2025 unless the Company is uplisting to NASDAQ or the NYSE.

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Source: SEC EDGAR

accession 0001640334-23-001781

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