secwatch.observer — SEC 8-K summary
======================================

Issuer:     Expion360 Inc. (XPON)
CIK:        0001894954
Form:       8-K
Filed at:   2024-10-07T23:59:59+00:00
Accession:  0001903596-24-000610
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expion360 announces 1-for-100 reverse stock split effective Oct 8 to regain Nasdaq compliance
--------------------------------------------------------------------------------

- Reverse stock split at 1:100 ratio, effective 5:00 p.m. PT on Oct 8, 2024.
- Common stock to trade on Nasdaq post-split under symbol XPON starting Oct 9, 2024.
- Split intended to regain compliance with Nasdaq minimum bid price requirement.
- No fractional shares; holders entitled to fraction get one whole share instead.
- Proportional adjustments to equity awards, warrants, and options outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1894954/000190359624000610/0001903596-24-000610-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1894954/000190359624000610/xpon_8k.htm
  HTML page:      https://secwatch.observer/filing/0001903596-24-000610

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer