Cemtrex files draft information statement
CETX•Cemtrex shareholders authorized a reverse stock split ranging from 1-for-2 to 1-for-6 on November 6, 2026. The board has 12 months to choose a ratio or abandon the split; authorized common shares will remain at 70 million.
1. Split terms and effects
Cemtrex shareholders authorized a reverse stock split ranging from 1-for-2 to 1-for-6 on November 6, 2026. The board has 12 months to select a ratio but may abandon the split. Authorized common shares will remain at 70,000,000, increasing the number available for issuance. Series 1 Preferred Stock holders would gain relative voting power because their fixed votes would not adjust, while Adjustable Warrants could trigger lower exercise prices and significantly increase underlying common shares following the split.
