Sadot Group Inc. (SDOT) Form 8-K — Sep 15, 2026
$SDOTForm 8-KItems 1.01, 5.02, 5.03, 5.07, 9.01Filed Sep 15, 2026, 8:00 AM ET0001731122-26-001243Original filing
Sadot Group stockholders approved a sweep of financing-related proposals at the September 10, 2026 annual meeting, including board authority to effect one or more reverse stock splits at ratios ranging from 5-for-1 up to 250-for-1 at any time on or prior to December 31, 2027. The Board has not yet determined to actually execute a split. Shareholders also approved an amendment increasing authorized common shares from 12,500,000 to 1,000,000,000, effective upon filing with Nevada on September 14, 2026.
Key figures
- Debt Amount
- 100000000
- Shares Outstanding
- 1320015
- Quorum votes
- 903408
- Quorum percent
- 65.86%
- Note floor price usd
- 2.85
- Total votes entitled
- 1371611
- Max note facility usd
- $100,000,000 senior secured convertible promissory notes
- Available cash test usd
- 750000
- Beneficial ownership cap
- 4.99% (increaseable to 9.99%)
- Conversion price formula
- 125% of Nasdaq Official Closing Price on the trading day prior to the applicable closing
- Series a preferred votes
- 51596
- Anira note min conversion
- not less than 75% of market price
- Auditor ratification vote
- 408,338 For / 494,840 Against — NOT ratified; Kreit continues to serve
- Dio insurance minimum usd
- 5000000
- Reverse split ratio range
- 5-for-1 up to 250-for-1
- Series a preferred shares
- 10000
- Initial note principal usd
- 4000000
- Cross default threshold usd
- 250000
- Default interest rate addon
- additional 9.0% per annum
- Equity plan shares reserved
- 3000000
- Reverse split authority vote
- 779,034 For / 124,094 Against (~56.80% of voting power)
- Anira note conversion cap usd
- 5000000
- Authorized common shares after
- 1000000000
- Authorized share increase vote
- 779,252 For / 123,337 Against (~56.81% of voting power)
- Reverse split authority expiry
- December 31, 2027
- Authorized common shares before
- 12500000
- Board reverse split decision made
- No
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