secwatch.observer — SEC 8-K summary
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Issuer:     ADVENT TECHNOLOGIES HOLDINGS, INC. (ADNH)
CIK:        0001744494
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001829126-24-003205
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advent Technologies announces 1-for-30 reverse stock split effective May 14, 2024
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- Reverse stock split ratio of 1-for-30, effective at open on May 14, 2024.
- Outstanding shares reduced from ~77.6M to ~2.6M; fractional shares paid in cash.
- Split intended to meet Nasdaq $1.00 minimum bid price requirement for continued listing.
- Common stock (ADN) and warrants (ADNWW) trade on split-adjusted basis under same symbols.
- CUSIP for common stock post-split: 00788A 204.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624003205/0001829126-24-003205-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624003205/adventyechnologies_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-003205

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