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AI brief of an SEC Form 8-K · Presurance Holdings, Inc. (PRHI)

Presurance to effect 1-for-7 reverse stock split effective June 1, 2026

Neutral Impact 3 of 5 shareholder Written later

Presurance Holdings filed a certificate of amendment on May 28, 2026 to carry out a 1-for-7 reverse split of its common stock, which the Board approved on May 11, 2026. The split was authorized by stockholders in 2025 to help the company meet Nasdaq Capital Market continued listing requirements, and it reduces outstanding shares from about 26.2 million to about 3.7 million.

Key points

  • Reverse split takes effect at 5:00 p.m. Eastern Time on June 1, 2026, with split-adjusted trading on Nasdaq beginning June 2, 2026
  • Every 7 outstanding shares will be combined into one share; fractional shares will be paid in cash based on the last closing price before the split
  • Outstanding shares fall from about 26.2 million to about 3.7 million; authorized shares remain at 100 million
  • Ticker stays PRHI; new CUSIP is 20731J 409; transfer agent Equiniti Trust Company, LLC will act as exchange agent

The filing

CompanyPresurance Holdings, Inc. (PRHI)
Form8-K, current report
Filed with the SECMay 28, 2026, 5:10 PM ET
Accession number0001193125-26-245505

Items reported: 3.03 Change to Shareholder Rights5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.