secwatch.observer — SEC 8-K summary
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Issuer:     Aclarion, Inc. (ACON)
CIK:        0001635077
Form:       8-K
Filed at:   2024-01-04T23:59:59+00:00
Accession:  0001683168-24-000066
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aclarion effectuates 1-for-16 reverse stock split; shares reduce to ~840K
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- Effective January 3, 2024, every 16 shares of common stock combined into 1 share; no fractional shares issued.
- Pre-split shares decreased from ~13.4M to ~840,000 post-split; authorized shares remain 200M.
- Outstanding warrants, stock options, and RSUs adjusted proportionately; exercise prices also adjusted.
- Board and stockholders had approved a reverse split range of 1-for-5 to 1-for-50; final ratio of 1-for-16 set in January 2024.
- Common stock began trading on split-adjusted basis on Nasdaq at market open on January 4, 2024; new CUSIP 655187201.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824000066/0001683168-24-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1635077/000168316824000066/acon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-000066

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