StockWatch
·
Photographic Equipment & Supplies
Corporate ActionJun 23, 2026, 06:01 AM

Hawkeye Systems Approves Reverse Split, Name Change, Share Increase

AI Summary

Hawkeye Systems, Inc. announced several significant corporate actions approved by its majority stockholder, Hawkeye Holdco, LLC. These include a corporate name change to Hawkeye Digital, Inc., an increase in authorized capital stock from 450 million to 10.05 billion shares, and a reverse stock split with a ratio between 1-for-2 and 1-for-20. Additionally, the company dismissed Fruci & Associates II, PLLC as its independent registered public accounting firm and appointed Grassi & Co., CPAs, P.C. The Board also approved a new Equity Incentive Plan and reclassified the Board into three classes.

Key Highlights

  • Majority stockholder approved corporate name change to Hawkeye Digital, Inc.
  • Authorized capital stock increased from 450 million to 10.05 billion shares.
  • Reverse stock split approved, with a ratio between 1-for-2 and 1-for-20.
  • Board reclassified into three classes with three-year terms.
  • Fruci & Associates II, PLLC dismissed as independent registered public accounting firm.
  • Grassi & Co., CPAs, P.C. appointed as new independent registered public accounting firm.
  • Hawkeye Digital, Inc. 2026 Equity Incentive Plan approved by stockholders.