SplitApr 17, 2026, 05:01 PM
Sow Good Inc. Announces 1-for-15 Reverse Stock Split
AI Summary
Sow Good Inc. announced a one-for-fifteen reverse stock split of its common stock, effective after the close of business on April 23, 2026. The company filed a certificate of amendment to its Certificate of Incorporation on April 17, 2026, following approval by stockholders on February 12, 2026, and the board of directors on April 10, 2026. As a result, the number of outstanding shares will be 20,053,424, with all fractional shares rounded up. Additionally, shares underlying outstanding equity awards will be adjusted on a fifteen-to-one basis.
Key Highlights
- Sow Good Inc. announced a one-for-fifteen reverse stock split.
- The reverse stock split will be effective after market close on April 23, 2026.
- Post-split, there will be 20,053,424 shares of common stock outstanding.
- Fractional shares resulting from the split will be rounded up to the nearest whole share.
- Equity awards under incentive plans will be adjusted on a fifteen-to-one basis.