Nexentis Technologies Inc. - Form 8-K Filing

Nexentis Technologies Inc. has filed a Form 8-K detailing a material modification to the rights of security holders and amendments to its articles of incorporation. The company has executed a 1-for-7 reverse stock split, which became effective on April 7, 2026. This split reduces the number of outstanding common shares from approximately 5.1 million to 730,309. Fractional shares will be rounded up to the nearest whole number. The reverse stock split does not alter the par value of the common stock, the number of authorized shares, or the preferred stock structure. Adjustments will be made to equity awards, convertible notes, and warrants to reflect the split. The company's common stock will trade under the symbol "NXTS" on the Nasdaq Capital Market on a post-split basis starting April 8, 2026, with a new CUSIP number. The filing also includes Exhibit 3.1, the Certificate of Amendment to the Amended and Restated Certificate of Incorporation.