|8-KFeb 4, 9:00 AM ET

International Land Alliance Inc. 8-K

Research Summary

AI-generated summary

Updated

International Land Alliance Inc. Announces 1-for-50 Reverse Stock Split

What Happened International Land Alliance Inc. announced a board-approved 1-for-50 reverse stock split of its common stock, which became effective February 4, 2026. The reverse split was authorized by stockholders on November 4, 2025; the Certificate of Amendment was filed with the Wyoming Secretary of State (filed Jan 9, 2026; acceptance confirmed Jan 30, 2026). As a result, issued and outstanding shares were reduced from 133,315,568 to approximately 2,666,311 shares. The company’s common stock began trading on the OTCQB on a post-split basis on February 4, 2026 and is using the temporary trading symbol “ILALD” for 20 days; a new CUSIP was also assigned. The company issued a press release on February 4, 2026 about the action.

Key Details

  • Reverse split ratio: 1-for-50 (board-selected from an authorized 1-for-25 to 1-for-75 range).
  • Outstanding shares changed from 133,315,568 to ~2,666,311.
  • No fractional shares issued; holders entitled to a cash payment in lieu of fractional shares based on recent average closing price (no interest).
  • Transfer agent Dynamic Stock Transfer is issuing post-split shares in book-entry (DRS) form and providing instructions; brokers will notify street-name holders.
  • All outstanding equity awards and warrants were adjusted proportionately (exercise prices and share counts), and reserved shares under equity plans were reduced proportionately.

Why It Matters A reverse stock split consolidates the share count and increases the per-share basis without changing par value, voting rights, or other terms of the common stock. For investors, this means each existing holding was consolidated at 50:1 and fractional-share holders will receive cash instead of fractional shares; option and warrant holders will see proportional adjustments to strike prices and share amounts. The temporary new trading symbol and new CUSIP reflect the post-split listing on the OTCQB.