PCS Edventures!, Inc. 8-K

What Happened

• PCS Edventures, Inc. (PCSV) filed an 8-K on April 21, 2026, reporting that shareholders approved Articles of Amendment on April 20, 2026, authorizing a 1-for-12 reverse stock split and reducing the company’s authorized shares. The shareholder vote was 63,085,815 shares in favor (54% of 116,823,148 outstanding shares). The amendment sets authorized capital at 32,000,000 shares total: 20,000,000 Preferred and 12,000,000 Common (no par value).
• The Reverse Split becomes effective on the later of (a) filing the Articles of Amendment with the Idaho Secretary of State, and (b) issuance of a new CUSIP by CUSIP Global Services and FINRA’s declaration of a record date for the split. Fractional shares will be rounded to the nearest whole share on a record-holder basis. The board asked that the new CUSIP reflect the company’s current name, PCS Edventures!, Inc., after discovering FINRA was not notified of the name change in 2015.

Key Details

• Shareholder vote: 63,085,815 shares in favor = 54% of 116,823,148 outstanding common shares (April 20, 2026).
• Reverse split ratio: 1-for-12 (one new share for every twelve currently outstanding).
• Authorized shares after amendment: 32,000,000 total — 20,000,000 Preferred; 12,000,000 Common.
• Effective date depends on filing plus issuance of a new CUSIP and FINRA record date; fractional shares rounded to nearest whole share.

Why It Matters

• A 1-for-12 reverse split will reduce the number of outstanding shares and typically increase the per-share price proportionally, but it does not change the company’s underlying market value unless investor demand changes. For holders, it changes share counts (and may produce rounded adjustments for fractional shares).
• The change in authorized common shares limits future dilution potential by setting common authorization at 12 million shares. The required new CUSIP and FINRA record date mean trading and ticker/CUSIP details could change, which can affect how shares are quoted or traded short-term.