Patriot Gold plans 1-for-10 reverse stock split

Q: When was the Patriot Gold (PGOL) reverse stock split approved and by whom?

The reverse stock split was approved on October 7, 2025. Patriot Gold’s board of directors and principal stockholders holding a majority of the outstanding common stock approved the one-for-ten reverse split, providing both board and majority shareholder authorization for the transaction.

Q: Is the Patriot Gold (PGOL) reverse stock split already effective?

The reverse stock split is not yet effective. It remains subject to completion of required regulatory and administrative processes, including review of the corporate action by FINRA. Record, effective, and split-adjusted trading dates will be publicly announced after that review is completed.

Q: Does the Patriot Gold (PGOL) reverse stock split change the number of stockholders?

The number of stockholders will remain unchanged. The company states that the reverse stock split will reduce the number of outstanding common shares but will not alter how many stockholders there are, aside from minor differences from rounding of fractional share amounts.

Patriot Gold Corp. has approved a one-for-ten reverse stock split of its common stock.

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Patriot Gold Corp. has approved a one-for-ten reverse stock split of its common stock. This means every ten existing shares will be combined into one share, reducing the number of shares outstanding while keeping each stockholder’s ownership percentage the same, aside from minor rounding effects.

The reverse split was approved by the board and majority stockholders on October 7, 2025 and is subject to completion of required regulatory and administrative processes, including review by FINRA. Record and effective dates, as well as the first trading day on a split-adjusted basis, will be announced after that review.

The par value of the common stock will remain unchanged. While aggregate par value will decline, additional paid-in capital will increase by the same amount, so total stockholders’ equity will be unaffected. The number of stockholders will not change, and the split shares will be fully paid and non-assessable.

Insights

Patriot Gold is consolidating shares 1-for-10 without changing total equity.

Patriot Gold Corp. approved a 1-for-10 reverse stock split, consolidating its common shares while keeping each investor’s proportional ownership unchanged apart from minor rounding. This is a capital-structure adjustment rather than a change in the underlying business.

The company states that the par value per share will stay the same and that aggregate par value will fall while additional paid-in capital rises by an equal amount, leaving total stockholders’ equity unchanged. The action is contingent on FINRA’s review, and trading on a split-adjusted basis will begin on dates the company plans to announce after that process.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

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

Key Figures

Reverse stock split ratio: 1-for-10 Board approval date: October 7, 2025

2 metrics

Reverse stock split ratio 1-for-10 Approved October 7, 2025 by board and majority stockholders

Board approval date October 7, 2025 Date reverse stock split was approved

Key Terms

reverse stock split, Financial Industry Regulatory Authority, par value, additional paid-in capital

4 terms

reverse stock split financial

"approved a one (1) share for ten (10) shares reverse stock split of our issued and outstanding common stock"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

Financial Industry Regulatory Authority regulatory

"including the review of the related corporate action by the Financial Industry Regulatory Authority"

A financial industry regulatory authority is an official body that sets and enforces rules for banks, brokerages, exchanges and other financial firms, acting like a referee or traffic system to keep markets orderly and safe. For investors it matters because the authority’s oversight, licensing, investigations and rule changes affect market fairness, company risk and the reliability of financial information, which can influence investment value and confidence.

par value financial

"The par value of our common stock will remain unchanged."

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

additional paid-in capital financial

"our additional paid-in capital will be increased by a corresponding amount."

Amount of money shareholders have paid to a company for shares that is above the stock’s nominal or par value; think of it as the extra premium paid when a group buys a ticket that has a low listed price. It matters to investors because it represents permanent capital on the balance sheet that can cushion losses, affect book value per share and indicate how much fresh cash equity holders have contributed beyond the minimum share value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What reverse stock split did Patriot Gold Corp. (PGOL) approve?

Patriot Gold approved a one-for-ten reverse stock split of its common stock. Every ten existing shares will be combined into one share, reducing the total number of shares outstanding while keeping each stockholder’s proportional ownership in the company essentially the same, subject to rounding.

When was the Patriot Gold (PGOL) reverse stock split approved and by whom?

The reverse stock split was approved on October 7, 2025. Patriot Gold’s board of directors and principal stockholders holding a majority of the outstanding common stock approved the one-for-ten reverse split, providing both board and majority shareholder authorization for the transaction.

Is the Patriot Gold (PGOL) reverse stock split already effective?

The reverse stock split is not yet effective. It remains subject to completion of required regulatory and administrative processes, including review of the corporate action by FINRA. Record, effective, and split-adjusted trading dates will be publicly announced after that review is completed.

How will Patriot Gold’s (PGOL) reverse stock split affect shareholder equity?

Total stockholders’ equity will remain unchanged by the reverse stock split. The par value per share stays the same, aggregate par value of outstanding common stock decreases, and additional paid-in capital increases by an equivalent amount, leaving overall equity constant despite the share consolidation.

Will Patriot Gold (PGOL) shareholders’ rights change after the reverse split?

Shareholder rights remain the same after the reverse split. Each share will continue to carry one non-cumulative vote, equal rights to dividends declared by the board, and pro rata rights in any liquidation distributions, with no preemptive, redemption, subscription, or conversion rights added or removed.

Does the Patriot Gold (PGOL) reverse stock split change the number of stockholders?

The number of stockholders will remain unchanged. The company states that the reverse stock split will reduce the number of outstanding common shares but will not alter how many stockholders there are, aside from minor differences from rounding of fractional share amounts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/01/2026 - 06:25 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 1, 2026

PATRIOT GOLD CORP.

(Exact name of registrant as specified in its charter)

Nevada	000-32919	86-0947048
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

401 Ryland Street, Suite 180
Reno, NV 89502

(Address of principal executive offices)

1-702-456-9565

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

☐ 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))

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).

Emerging growth company ☐

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. ☐

Item 8.01 Other Events.

On October 7, 2025, our board of directors and principal stockholders holding a majority of our outstanding common stock approved a one (1) share for ten (10) shares reverse stock split of our issued and outstanding common stock.

The Reverse Stock Split is subject to the completion of all required regulatory and administrative processes, including the review of the related corporate action by the Financial Industry Regulatory Authority (“FINRA”). The Company has submitted, or expects to submit, the required materials to FINRA in connection with the Reverse Stock Split. The record date, effective date, and the date on which the Company’s common stock will begin trading on a split-adjusted basis have not yet been established. The Company will publicly announce such dates after the FINRA review process has been completed and the applicable dates have been determined.

All shares of our common stock have equal rights and privileges with respect to voting, liquidation and dividend rights. Each share entitles the holder thereof to (i) one non-cumulative vote for each share held of record on all matters submitted to a vote of the stockholders; (ii) to participate equally and to receive any and all such dividends as may be declared by the board of directors; and (iii) to participate pro rata in any distribution of assets available for distribution upon liquidation. Holders of our common stock have no preemptive rights to acquire additional shares of common stock or any other securities. The common stock is not subject to redemption and carries no subscription or conversion rights.

The split shares of common stock issued in connection with the Reverse Stock Split will be fully paid and non-assessable. The number of stockholders will remain unchanged as a result of the Reverse Stock Split. The Reverse Stock Split will decrease the number of outstanding common shares but will not affect any stockholder’s proportionate interest in our company prior to the closing of the Share Exchange, except for minor differences resulting from the rounding of fractional shares. The par value of our common stock will remain unchanged. While the aggregate par value of our outstanding common stock will be decreased, our additional paid-in capital will be increased by a corresponding amount. Therefore, the Reverse Stock Split will not affect our total stockholders’ equity. All share and per share information will be retroactively adjusted to reflect the split for all periods presented in our future financial reports and regulatory filings.

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 hereunto duly authorized.

	Patriot Gold Corp.
	(Registrant)


	By:	/s/ Trevor Newton
		Trevor Newton, President

Date: July 1, 2026

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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Patriot Gold plans 1-for-10 reverse stock split

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