Ameritek Ventures (OTC: ATVK) completes 1-for-1200 reverse stock split
Rhea-AI Filing Summary
Ameritek Ventures, Inc. implemented a 1-for-1200 reverse stock split of its common stock effective January 20, 2026. Every 1,200 pre-split shares were automatically converted into one post-split share with no change to par value, so each holder’s percentage ownership stayed essentially the same aside from minor fractional adjustments.
Immediately before the reverse split, the company had 10,949,226,791 common shares issued and outstanding. After the split, it has approximately 9,124,356 common shares outstanding, subject to fractional share adjustments. The reverse split was implemented through a Certificate of Amendment to the Nevada Articles of Incorporation, and the stock continues to trade under the symbol ATVK with a new CUSIP number assigned.
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Insights
Ameritek Ventures consolidated its share count via a 1-for-1200 reverse split.
Ameritek Ventures reduced its outstanding common shares from 10,949,226,791 to approximately 9,124,356 through a 1-for-1200 reverse stock split effective on January 20, 2026. Each block of 1,200 pre-split shares became one post-split share, with no change in par value and no intended change to proportional ownership apart from fractional share handling.
The move significantly increases the per-share price mechanically by shrinking the share count, while leaving the company’s overall equity value unchanged in principle. The filing notes that common stock continues to trade under the symbol ATVK and that a new CUSIP was assigned, confirming the administrative completion of the action.
The reverse split and related Certificate of Amendment, filed with the Nevada Secretary of State and effective on January 20, 2026, may influence trading dynamics and investor perception, but the direct economic effect described is a recapitalization of the share structure rather than a change in the company’s underlying operations or financial performance.
8-K Event Classification
FAQ
What did Ameritek Ventures (ATVK) change in its latest 8-K filing?
Ameritek Ventures reported that it implemented a 1-for-1200 reverse stock split of its common stock effective January 20, 2026. This action consolidated every 1,200 existing shares into one new share, adjusting the share count but not the par value per share.
What corporate action did Ameritek Ventures (ATVK) take to implement the reverse split?
To implement the reverse split, Ameritek Ventures filed a Certificate of Amendment to its Articles of Incorporation with the Nevada Secretary of State on October 2, 2025, which became effective on January 20, 2026. This amendment set the 1-for-1200 reverse split ratio.
Does Ameritek Ventures (ATVK) still trade under the same ticker after the reverse split?
Yes. Following the 1-for-1200 reverse stock split, the company’s common stock continues to trade under the symbol ATVK. A new CUSIP number has been assigned in connection with the reverse split.
What is the stated impact of the Ameritek Ventures (ATVK) reverse split on par value?
The filing states that the 1-for-1200 reverse stock split did not change the par value per share of Ameritek Ventures’ common stock. Only the number of shares outstanding was adjusted.