Monitor for board decision on whether to implement the reverse split and at what ratio; a decision to proceed could signal a move toward a national exchange listing, while abandonment would leave the stock on OTCQB.
Price Chart
Executive Summary
MariMed Inc. stockholders approved a reverse stock split at a ratio between 1-for-50 and 1-for-100 at a special meeting on October 28, 2026. The board retains discretion on whether and when to implement the split, which is potentially linked to a future listing on a U.S. national securities exchange. No financial data or definitive timeline was provided.
Key Facts
- Stockholders approved a reverse stock split with a ratio between 1-for-50 and 1-for-100.
- Votes for the amendment: 219,026,236 for, 46,400,304 against, 221,869 abstain.
- The board retains discretion to determine the exact ratio and whether to implement the split at all.
- The board may abandon the reverse stock split entirely.
- The press release mentions a potential listing on a U.S. national securities exchange as a possible consideration.
- No fractional shares will be issued; cash payments will be made in lieu of fractional shares.
- The company trades on OTCQB under the ticker MRMD.
Financial Impact
No financial figures disclosed; the reverse stock split would reduce share count by a factor of 50 to 100 if implemented, but no dollar amounts or market cap data were provided.
Risk Factors
- Reverse stock split may not be implemented; board can abandon it.
- Even if implemented, there is no assurance of meeting listing requirements or sustained price/liquidity improvement.
- No financial data or guidance was provided in this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001522767-26-000213 |
| Exhibit: ex99110x28x26specialmeetin.htm | 0001522767-26-000213 |
| Document: 0001522767-26-000213-index-headers.html | 0001522767-26-000213 |
| Document: 0001522767-26-000213-index.html | 0001522767-26-000213 |
| Document: 0001522767-26-000213.txt | 0001522767-26-000213 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 29, 2026 3d ago | 8-K | $0.0530 | awaiting T+20 | awaiting T+20 | $0.0510 (−3.77%) |
May 13, 2026 24w ago | 8-K | $0.0820 $0.0690 | ▼ −15.85% | ▼ −15.00% | $0.0510 (−37.80%) |
Mar 11, 2026 33w ago | 8-K | $0.0770 $0.0700 | ▼ −9.09% | ▼ −11.07% | $0.0510 (−33.77%) |
US Market Status
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