AYRO effects 1-for-16 reverse stock split, trading on split-adjusted basis June 26

Fabric.AI, Inc.

Reverse stock split at 1:16 ratio, effective 4:05 p.m. ET on June 25, 2025.
No fractional shares issued; any fractional shares rounded up to whole share.
Authorized shares unchanged at 1.2 billion; par value $0.0001 remains same.
Common stock began split-adjusted trading on Nasdaq on June 26; symbol unchanged (AYRO).
New CUSIP number: 054748306; adjustments made to equity awards, warrants, and convertible securities.

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

Fabric.AI, Inc.: 1-for-16 reverse stock split of common stock effected via Certificate of Amendment to Amended and Restated Certificate of Incorporation (effective 2025-06-25).

Change: charter amendment
Effective: 2025-06-25

Exact text from the filing

On June 23, 2025, AYRO, Inc. (the " Company ") filed a Certificate of Amendment (the " Certificate of Amendment ") to the Amended and Restated Certificate of Incorporation (the " Certificate of Incorporation ") with the Secretary of State of Delaware to effect a 1-for-16 reverse stock split of the shares of the Company’s common stock, par value $0.0001 per share (the " Common Stock ") either issued and outstanding or held by the Company as treasury stock, effective as of 4:05 p.m. (New York time) on June 25, 2025 (the " Reverse Stock Split ").

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Source: SEC EDGAR

accession 0001641172-25-016952

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