---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-001177"
form_type: "8-K"
ticker: null
cik: "0000720875"
company_name: "DYNATRONICS CORP"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:20:45.439466+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dynatronics effects 1-for-5 reverse stock split to meet Nasdaq minimum bid

## Summary
- Reverse split effective 5:00 p.m. ET on Feb 1, 2023; shares begin split-adjusted trading Feb 2.
- Outstanding shares reduced from ~19.6M to ~3.9M; no fractional shares issued.
- Conversion shares for Series A preferred drop from 1,992,000 to 398,400; Series B from 1,359,000 to 271,800.
- Company warns it may not sustain compliance with Nasdaq minimum bid price or other listing requirements.
- No change to authorized common (100M) or preferred (50M) shares or par value.

## SEC filing metadata
- accession: 0001654954-23-001177
- form_type: 8-K
- cik: 0000720875
- company_name: DYNATRONICS CORP
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/720875/000165495423001177/0001654954-23-001177-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/720875/000165495423001177/dynt_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-001177
- JSON: https://secwatch.observer/filing/0001654954-23-001177.json
- Plain text: https://secwatch.observer/filing/0001654954-23-001177.txt

## Key facts
- Governance Changes
  DYNATRONICS CORP: Approved and filed Articles of Amendment to effect a 1-for-5 reverse stock split of common stock (effective 2023-02-01).
  - Change: charter amendment
  - Effective: 2023-02-01
  source text: The Company’s board of directors set the split ratio in the reverse stock split at 1-for-5 and approved and authorized the filing of the Articles of Amendment to effect the reverse stock split with the Utah Department of Commerce, Division of Corporations and Commercial Code. The Articles of Amendment and reverse stock split became effective at 5:00 p.m. Eastern Standard Time on February 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/720875/000165495423001177/0001654954-23-001177-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.