BackSummary
Olenox Industries Inc. filed a Certificate of Amendment to effect a 1-for-10 reverse stock split, effective May 8, 2026.
Key takeaways
- Reverse stock split at 1-for-10 ratio consolidates every 10 shares into 1 share.
- No fractional shares issued; holders receive rounded-up whole shares.
- Amendment filed with Delaware Secretary of State on May 7, 2026, effective May 8, 2026.
- Par value remains $0.01 per share; authorized shares unchanged.
- Stock certificates automatically represent post-split shares; new certificates issued upon surrender.