Sow Good announces 1-for-15 reverse stock split effective April 23

Sow Good Inc. (NASDAQ: SOWG) announced a 1-for-15 reverse stock split of its outstanding common stock shares, effective after market close on April 23, 2026.

The company filed a certificate of amendment to its Certificate of Incorporation with Delaware's Secretary of State on April 17, 2026. The reverse stock split received approval from stockholders representing a majority of the company's voting power on February 12, 2026, and from the board of directors on April 10, 2026.

Following the reverse stock split, Sow Good will have 20,053,424 shares of common stock issued and outstanding. Any fractional shares resulting from the split will be rounded up to the nearest whole share.

The company will adjust the total number of shares available under its 2020 Stock Incentive Plan and 2024 Stock Incentive Plan, as well as shares underlying outstanding equity awards, on a 15-to-1 basis in connection with the reverse split.

The Charter Amendment and reverse stock split become effective at 5:00 p.m. ET on April 23, 2026, according to the company's filing.

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