Sadot Group Inc. 8-K

What Happened
Sadot Group Inc. filed an 8-K reporting that its Board unanimously approved a 1-for-20 reverse stock split by unanimous written consent on May 21, 2026 and filed a Certificate of Change with the Nevada Secretary of State on May 22, 2026. The Reverse Stock Split becomes effective at 12:01 a.m. Eastern on May 27, 2026; at that time every 20 issued and outstanding shares will be consolidated into one share and the company's common stock will begin trading on a split‑adjusted basis on The Nasdaq Capital Market under the existing symbol “SDOT.” Fractional shares will be paid in cash based on the closing price on May 27, 2026. The Company also reduced its authorized common shares from 250,000,000 to 12,500,000.

Key Details

• Reverse split ratio: 1-for-20; effective 12:01 a.m. ET on May 27, 2026.
• Fractional-share treatment: cash payment in lieu of fractional shares equal to the fractional amount × closing price on May 27, 2026.
• Corporate changes: authorized common shares decreased from 250,000,000 to 12,500,000; new CUSIP 627333503.
• Securities adjustments: exercise prices and share counts for outstanding options, warrants and shares issuable under incentive plans will be adjusted proportionately.

Why It Matters
The Company says the Reverse Stock Split is intended to raise the per‑share bid price above $1.00 to pursue compliance with Nasdaq Listing Rule 5550(a)(2). For investors, the split will reduce the total number of outstanding shares and raise the nominal share price (no change to par value), and holders should expect proportional adjustments to options and warrants and cash payments for fractional shares. The filing also includes standard forward‑looking statements and notes there is no guarantee the action will result in Nasdaq compliance. A press release announcing the split was issued May 22, 2026.