Ainos announces 1-for-5 reverse stock split effective Dec 14, 2023; increases authorized preferred shares

Ainos, Inc.

Reverse stock split at 1-for-5 ratio effective Dec 14, 2023; fractional shares paid in cash.
Authorized preferred shares increased from 10M to 50M; may be issued in series.
Outstanding options and warrants adjusted proportionally; new CUSIP 00902F303.
Common stock begins trading on split-adjusted basis on Nasdaq as of Dec 14, 2023.

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

Ainos, Inc.: Amended Certificate of Formation to effect a 1-for-5 reverse stock split and increase authorized preferred shares from 10,000,000 to 50,000,000 (effective 2023-12-14).

Change: charter amendment
Effective: 2023-12-14

Exact text from the filing

Reverse Stock Split Effective December 14, 2023 at 9:00 a.m., Eastern time (the “Effective Time”), Ainos, Inc. (the “Company”) amended its Certificate of Formation (the “Amendment”) to effect a reverse stock split of the Company’s common stock, par value $.01 (the “Common Stock”) at a ratio of 1-for-5 (the “Reverse Stock Split”).

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Ainos, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-23-015506

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