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Get filing alertsNakamoto Inc. shareholders approve 1-for-20 to 1-for-50 reverse stock split
Filed May 12, 2026 · Period ending May 8, 2026 · ~1 min read
Key Changes
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Shareholders voted to consolidate shares at a ratio between 1-for-20 and 1-for-50, meaning every 20 to 50 existing shares will become one share. The board will set the exact ratio. Proposal passed with 97% approval (488.5M for, 12.8M against).
Item 5.07 verify on EDGAR → -
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Shareholders also approved authority to adjourn the meeting if more votes were needed, though this became moot since the reverse split proposal already passed.
Item 5.07 verify on EDGAR →
Summary
Nakamoto Inc. shareholders have approved a significant reverse stock split that will reduce the number of outstanding shares by a factor of 20 to 50. In a reverse split, existing shares are consolidated—if you own 100 shares today and the board selects a 1-for-25 ratio, you would own 4 shares after the split. The share price typically adjusts upward proportionally, so your total investment value remains the same immediately after the split, though trading dynamics may change.
Companies typically pursue reverse splits to meet minimum share price requirements for stock exchange listing or to improve the perception of their stock price. For Nakamoto shareholders, the immediate impact is fewer shares at a higher per-share price, with no change to ownership percentage or market value at the split date. Watch for the board's announcement of the exact ratio and effective date, as well as any subsequent disclosure about the company's rationale and whether this relates to exchange compliance requirements.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Shareholders approved a reverse stock split of 1-for-20 to 1-for-50, with exact ratio to be determined by the board.
Added in current filing · verify on EDGAR →
Proposal to approve an amendment to the Company’s Certificate of Incorporation to combine outstanding shares of our Common Stock, into a lesser number of outstanding shares, by a ratio of not less than 1-for-20 and not more than 1-for-50, with the exact ratio to be set within this range by the Company’s board of directors (the “Board”) in its sole discretion
Shareholders voted to approve a reverse stock split that will consolidate existing shares at a ratio between 1-for-20 and 1-for-50, meaning every 20 to 50 shares will become one share. The board will determine the exact ratio within this range. The proposal passed with 488,518,814 votes for, 12,825,785 against, and 918,706 abstentions out of 502,263,305 shares represented at the meeting.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Proposal to approve the adjournment of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and voting of proxies in the event that there are insufficient votes in favor of Proposal 1 or if there are not sufficient shares of Common Stock present to establish a quorum.
Shareholders approved giving the company authority to adjourn the special meeting if needed to gather more votes. This proposal passed with 488,585,900 votes for, 11,120,883 against, and 2,556,524 abstentions. This is a procedural matter that became moot since Proposal 1 already passed.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify