a.k.a. Brands completes 1-for-12 reverse stock split; trading on split-adjusted basis Oct 2

A.K.A. BRANDS HOLDING CORP.

Reverse split effective 5:01 PM ET Sept 29, 2023; trading on NYSE under symbol 'AKA' begins Oct 2.
No fractional shares issued; cash paid in lieu based on five-day average closing price before effective date.
New CUSIP 00152K200 assigned; number of authorized shares unchanged.
All outstanding stock options and awards adjusted proportionally.

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

A.K.A. BRANDS HOLDING CORP.: Filed Certificate of Amendment for a 1-for-12 reverse stock split of common stock (effective 2023-09-29).

Change: charter amendment
Effective: 2023-09-29

Exact text from the filing

On September 25, 2023, a.k.a. Brands Holding Corp. (the “Company”) filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Company with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to affect a one-for-12 reverse stock split (the “Reverse Split”) of the shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”).

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71 governance changes filed in the last 30 days. Browse all governance changes →

A.K.A. BRANDS HOLDING CORP. filing history →

Source: SEC EDGAR

accession 0001865107-23-000062

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