Ameritek Ventures, Inc. 8-K
Research Summary
AI-generated summary
Ameritek Ventures Announces 1‑for‑1200 Reverse Stock Split
What Happened
- Ameritek Ventures, Inc. announced a 1-for-1200 reverse stock split that became effective January 20, 2026. Under the Reverse Stock Split, every 1,200 issued and outstanding shares of common stock were automatically converted into one share, with no change to par value.
- The company filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State (filed October 2, 2025) to effect the split; a copy is included as Exhibit 3.1 to the 8-K. The company’s common stock continues to trade under the ticker ATVK and a new CUSIP has been assigned.
Key Details
- Reverse split ratio: 1-for-1200 (effective January 20, 2026).
- Shares outstanding before split: 10,949,226,791.
- Shares outstanding after split: approximately 9,124,356 (subject to fractional-share adjustments).
- Stock ticker unchanged: ATVK; new CUSIP assigned. Certificate of Amendment filed as Exhibit 3.1.
Why It Matters
- The reverse split reduces the total number of outstanding shares while leaving each shareholder’s proportional ownership unchanged (aside from any minor adjustments for fractional shares). Par value per share was not changed.
- Investors should note the new CUSIP and check brokerage records for updated share totals and any fractional-share treatment or cash adjustments disclosed by the company or brokers.
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