LATAMED AI Corp. (LMED) boosts authorized shares and enacts 5-for-1 stock split
Rhea-AI Filing Summary
LATAMED AI Corp. amended its Nevada charter to significantly expand its capital structure and split its stock. Authorized common stock increased from 700,000,000 shares to 3,500,000,000 shares, par value $0.0001 per share, and authorized preferred stock increased from 300,000,000 shares to 1,500,000,000 shares, par value $0.0001 per share. The change also effected a five-for-one forward split of issued and outstanding common shares, reclassifying each one share into five shares of common stock.
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Insights
LATAMED AI Corp. expanded authorized shares and executed a 5:1 forward split.
LATAMED AI Corp. increased authorized common stock from 700,000,000 to 3,500,000,000 shares and preferred stock from 300,000,000 to 1,500,000,000, each with par value $0.0001 per share. This provides more capacity for future equity issuance across both common and preferred classes.
The company also implemented a 5:1 forward split of issued and outstanding common shares, so each existing share became five shares. While the split changes share count and per-share price mechanics, it does not, by itself, alter total shareholder equity.
8-K Event Classification
Key Figures
Key Terms
Certificate of Change Pursuant to NRS 78.209 regulatory
authorized common stock financial
authorized preferred stock financial
par value financial
five-for-one (5:1) forward split financial
FAQ
What capital changes did LATAMED AI Corp. (LMED) disclose in this 8-K?
What happened to LATAMED AI Corp. (LMED) preferred stock authorization?
What is the ratio of LATAMED AI Corp. (LMED) forward stock split?
When did LATAMED AI Corp. (LMED) file the Certificate of Change for these actions?
Filing Exhibits & Attachments
6 documentsOther Documents
- EX-3.1 CERTIFICATE OF DESIGNATION 1.8 KB
- EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
- EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 13.9 KB
- EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 898 B
- EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 8.7 KB
- EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB