Sow Good Inc. filed a charter amendment implementing a 1-for-15 reverse stock split effective April 23, 2026, reducing outstanding common shares from 300,801,347 to 20,053,424 to regain Nasdaq minimum bid price compliance.
Key takeaways
1-for-15 reverse stock split effective 5:00 p.m. ET on April 23, 2026.
Pre-split shares: 300,801,347; post-split shares: 20,053,424 issued and outstanding.
Fractional shares rounded up to nearest whole share; no cash payments.
Approved by stockholders on February 12, 2026 and board on April 10, 2026.
Ticker SOWG unchanged; new CUSIP 84612H 304.
Equity awards under 2020 and 2024 Stock Incentive Plans adjusted 15-to-1.