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NeuralBase AI (NBBI) cancels 24M shares and sets 5-for-1 stock split

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Form Type
8-K/A

Rhea-AI Filing Summary

NeuralBase AI Ltd. corrected the record date for its planned 5‑for‑1 forward stock split, confirming that shareholders of record on September 26, 2025 will receive four additional common shares for each share owned, with no fractional shares issued and any fractions rounded up to a full share.

The company also reported that its board approved and completed the cancellation of 24,000,000 previously issued shares on September 3, 2025, consisting of 20,000,000 common shares and 4,000,000 Series A Preferred shares, which were returned to treasury and cancelled. After this cancellation, the company had 44,790,183 common shares, 5,003,773 Series A Preferred shares, and 3,500,000 Series B Preferred shares outstanding.

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Insights

NeuralBase AI updates share count and sets 5‑for‑1 split terms.

NeuralBase AI Ltd. describes two key capital structure moves. First, the board approved cancelling 24,000,000 previously issued shares—20,000,000 common and 4,000,000 Series A Preferred—effective September 3, 2025, with those shares returned to treasury and cancelled. The transfer agent then confirmed totals of 44,790,183 common shares, 5,003,773 Series A Preferred, and 3,500,000 Series B Preferred outstanding.

Second, the board approved a 5‑for‑1 forward stock split of the issued and outstanding common stock. Shareholders of record on September 26, 2025 will receive four additional common shares for each share held, with fractional entitlements rounded up. Trading will move to a split‑adjusted basis on the payment date, which will be set after FINRA review and announced on the daily list one business day in advance. These actions are structural; their practical effect will depend on future trading and corporate developments.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K/A

Amendment No. 1

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): September 22, 2025 (August 5, 2025)

 

NEURALBASE AI LTD.

(Exact name of registrant as specified in its charter)

 

 

Nevada

 

000-33325

 

N/A

(State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of Incorporation)

 

 

 

Identification Number)

 

10409 Pacific Palisades Ave.

Las Vegas, NV 89144-1221

+1 727 314 3717

 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) 

    

_______________________________________________

(Former Name or Former Address, if Changed Since Last Report) 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act: None.

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

N/A

N/A

N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

  

NeuralBase AI Ltd.

Form 8-K

Current Report

 

Explanatory Note

 

This Amendment No. 1 on Form 8-K/A is being filed solely to clarify a typographical inconsistency in the Current Report on Form 8-K filed on September 18, 2025. That filing correctly identified the record date of the forward stock split as September 26, 2025, but a subsequent reference in the same section inadvertently stated September 30, 2025. The correct record date is September 26, 2025. No other changes have been made to the Form 8-K.

 

Item 8.01 Other Events

 

On August 5, 2025, the Company’s Board of Directors approved and effected the cancellation of an aggregate of 24,000,000 shares (20,000,000 shares of common stock and 4,000,000 shares of Series A Preferred Stock) previously issued and outstanding. The cancellation was completed and made effective on September 3, 2025, and these shares were returned to treasury and cancelled as of that date.

 

Following the cancellation, the Company had 44,790,183 shares of common stock, 5,003,773 shares of Series A Preferred Stock, and 3,500,000 shares of Series B Preferred Stock issued and outstanding, as confirmed by the Company’s transfer agent.

 

On September 9, 2025, the Company’s Board of Directors approved a 5-for-1 forward stock split of its issued and outstanding common stock. No fractional shares will be issued; any fractional entitlement will be rounded up to the nearest whole share. Upon completion of the split, shareholders of record at the close of business on the record date of September 26, 2025, will receive four additional shares for each share of common stock they own. The payment date will be set by FINRA upon their review and approval of the split. At that time, the Company’s common stock will begin trading on a split-adjusted basis, and FINRA will announce the split on the daily list one business day prior.

 

 
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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

NeuralBase AI Ltd.

 

 

 

 

Dated: September 22, 2025 

/s/ Vighnesh Dobale

 

 

By: Vighnesh Dobale

 

 

Title: Chief Executive Officer

 

 

 
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FAQ

What did NeuralBase AI Ltd. (NBBI) disclose in this 8-K/A amendment?

NeuralBase AI Ltd. clarified that the correct record date for its 5-for-1 forward stock split is September 26, 2025, and detailed recent cancellations of previously issued shares and resulting share counts across its common and preferred stock.

How many NeuralBase AI shares were cancelled and on what date?

The board approved the cancellation of 24,000,000 previously issued shares—20,000,000 shares of common stock and 4,000,000 shares of Series A Preferred Stock—with the cancellation completed and effective on September 3, 2025, when the shares were returned to treasury and cancelled.

What are NeuralBase AI Ltd.’s outstanding share counts after the cancellation?

Following the September 3, 2025 cancellation, NeuralBase AI Ltd. had 44,790,183 shares of common stock, 5,003,773 shares of Series A Preferred Stock, and 3,500,000 shares of Series B Preferred Stock issued and outstanding, as confirmed by its transfer agent.

What are the key terms of NeuralBase AI’s 5-for-1 forward stock split?

The board approved a 5-for-1 forward stock split of the issued and outstanding common stock. Shareholders of record at the close of business on September 26, 2025 will receive four additional common shares for each share owned, no fractional shares will be issued, and any fractional entitlement will be rounded up to the nearest whole share.

When will NeuralBase AI common stock begin trading on a split-adjusted basis?

NeuralBase AI’s common stock will begin trading on a split-adjusted basis on the payment date for the 5-for-1 forward stock split. The payment date will be set by FINRA upon its review and approval of the split, and FINRA will announce the split on the daily list one business day before trading becomes split-adjusted.

What typographical correction did NeuralBase AI make regarding the stock split record date?

NeuralBase AI explained that a prior disclosure correctly listed the record date for the forward stock split as September 26, 2025, but a later reference in the same section mistakenly stated September 30, 2025. The amendment clarifies that the correct record date is September 26, 2025.