Trust Stamp announces 1-for-15 reverse stock split effective Jan 6, 2025 to regain Nasdaq compliance

T Stamp Inc

Reverse stock split at 1-for-15 ratio effective at market open on January 6, 2025.
Every 15 existing shares convert to one share; fractional shares rounded up.
Purpose: to bring company into compliance with Nasdaq minimum bid price Rule 5550(a)(2).
CEO Genner cites new partnerships, income sources, and reduced expenses for 2025 repositioning.
Common stock continues trading under symbol IDAI with new CUSIP 873048508.

item 3.03 item 5.03 item 7.01 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

T Stamp Inc: Certificate of Amendment effecting a 1-for-15 reverse stock split (effective 2025-01-06).

Change: charter amendment
Effective: 2025-01-06

Exact text from the filing

on December 13, 2024, the Company filed with the Delaware Secretary of State a Certificate of Amendment (the “ Certificate of Amendment ”) to the Company’s Amended and Restated Certificate of Incorporation to effect the Reverse Stock Split.

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Source: SEC EDGAR

accession 0001718939-25-000005

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