secwatch.observer — SEC 8-K summary
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Issuer:     ADVENT TECHNOLOGIES HOLDINGS, INC. (ADNH)
CIK:        0001744494
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001829126-24-003455
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advent Technologies implements 1-for-30 reverse stock split effective May 13, 2024
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- Effective May 13, 2024, every 30 shares of common stock combined into 1 share; cash paid for fractional shares at $3.105/share.
- Common stock began trading on Nasdaq on split-adjusted basis under symbol ADN on May 14, 2024; new CUSIP 00788A204.
- Warrants adjusted: each warrant now exercisable for 1/30th of a share of common stock; exercise price proportionally increased.
- Shares reserved under 2021 Equity Incentive Plan and outstanding equity awards proportionally adjusted for the reverse split.
- No change to any stockholder's percentage ownership except for de minimis effects from fractional shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624003455/0001829126-24-003455-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624003455/adventtechnologies_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-003455

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