Aclarion effects 1-for-335 reverse stock split; regains Nasdaq equity compliance

Aclarion, Inc.

Reverse stock split effective Jan 29, 2025 at 1:335 ratio; shares reduced from ~169.4M to ~500,000.
Public offering closed Jan 16 with gross proceeds of ~$14.55M, boosting stockholders' equity.
Company expects stockholders' equity of ~$10.5M as of Jan 30, regaining Nasdaq minimum equity compliance.
Outstanding warrants, options, and RSUs adjusted proportionally; no fractional shares issued.

item 3.03 item 5.03 item 8.01 item 9.01

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

Aclarion, Inc.: Certificate of Amendment filed to effect a one-for-335 reverse stock split (effective 2025-01-29).

Change: charter amendment
Effective: 2025-01-29

Exact text from the filing

On January 29, 2025, Aclarion, Inc. (the “Company”) filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock at a ratio of one-for-three hundred thirty five (335).

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Aclarion, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-25-000612

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