Nakamoto Inc. executes 1-for-40 reverse stock split, appoints CIO to expanded board

Filed May 22, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

• high

  Completed 1-for-40 reverse stock split effective May 22, 2026, consolidating every 40 shares into 1 share. Stock began trading on post-split basis on Nasdaq with new CUSIP 49457M205. Stockholders approved ratio range of 1-for-20 to 1-for-50 at May 8 special meeting.

  Item 3.03, 5.03 verify on EDGAR →
• medium

  Fractional shares resulting from reverse split will be paid out in cash rather than issued as shares, which may trigger taxable events for affected stockholders. All outstanding options, warrants, and equity plan shares will be proportionately adjusted.

  Item 3.03 verify on EDGAR →
• low

  Expanded board from 6 to 7 directors and appointed Tyler Evans, current Chief Investment Officer, as Class II director serving until 2026 annual meeting. Evans does not qualify as independent under Nasdaq rules and receives no additional compensation for board service.

  Item 5.02 verify on EDGAR →