---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-002955"
form_type: "8-K"
ticker: "ADNH"
cik: "0001744494"
company_name: "ADVENT TECHNOLOGIES HOLDINGS, INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:05:55.720604+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Advent Technologies approves 1-for-30 reverse stock split to meet Nasdaq minimum bid

## Summary
- Stockholders approved reverse stock split at ratio range 1-for-2 to 1-for-30; board set ratio at 1-for-30.
- Outstanding shares to reduce from ~77.6M to ~2.6M; no fractional shares, cash in lieu.
- Board acted on April 30, 2024 after April 29, 2024 special meeting approval.
- Company submitted compliance plan to Nasdaq to file Form 10-K by May 31, 2024.
- Reverse split intended to regain compliance with Nasdaq's $1.00 minimum bid price requirement.

## SEC filing metadata
- accession: 0001829126-24-002955
- form_type: 8-K
- ticker: ADNH
- cik: 0001744494
- company_name: ADVENT TECHNOLOGIES HOLDINGS, INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744494/000182912624002955/0001829126-24-002955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744494/000182912624002955/adventtech_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-002955
- JSON: https://secwatch.observer/filing/0001829126-24-002955.json
- Plain text: https://secwatch.observer/filing/0001829126-24-002955.txt

## Key facts
- Shareholder Votes
  ADVENT TECHNOLOGIES HOLDINGS, INC. shareholders approved To approve an amendment to the Company’s 2021 Equity Incentive Plan to increase the number of shares of Common Stock issuable under the Plan from 6,915,892 to 17,079,188 at the 2024-04-29 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-04-29
  source text: Votes For Votes Against Abstentions 15,673,164 4,327,892 65,965
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744494/000182912624002955/0001829126-24-002955-index.htm
- Shareholder Votes
  ADVENT TECHNOLOGIES HOLDINGS, INC. shareholders approved To approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio in the range of 1-for-2 to 1-for-30 at the 2024-04-29 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2024-04-29
  source text: Votes For Votes Against Abstentions 30,061,928 3,125,713 33,801
  evidence_url: https://www.sec.gov/Archives/edgar/data/1744494/000182912624002955/0001829126-24-002955-index.htm

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