Amaze Holdings To Implement 1-For-23 Reverse Stock Split, Aiming To Regain NYSE American Compliance; Stock To Begin Trading On Split-Adjusted Basis June 13, 2025

At the annual meeting of stockholders of Amaze Holdings, Inc., a Nevada corporation (the "Company"), to be held on June 12, 2025 (the "Annual Meeting"), the Company's stockholders will vote to approve, among other things, a proposal to authorize a reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share (the "Common Stock"), at a ratio in the range of 1-for-10 and 1-for-50, with such ratio and implementation and timing of the reverse stock split to be determined in the discretion of the Company's Board of Directors (the "Reverse Stock Split Proposal").

 

On June 2, 2025, the Company's Board of Directors determined to effect a 1-for-23 reverse stock split of the Company's issued and outstanding Common Stock effective at 5:00 p.m. Eastern time on June 12, 2025 (the "Effective Time"), subject to stockholder approval of the Reverse Stock Split Proposal at the Annual Meeting.

 

Upon stockholder approval of the Reverse Stock Split Proposal at the Annual Meeting, immediately following the conclusion of the Annual Meeting on June 12, 2025, the Company will file a certificate of amendment to its Articles of Incorporation to effect the 1-for-23 reverse stock split at the Effective Time. The Company's Common Stock is expected to begin trading on a reverse stock split adjusted basis on the NYSE American at market open on June 13, 2025.

 

The reverse stock split is primarily intended to increase the Company's per share market price of its Common Stock to meet the $3.00 per share minimum bid price requirement of the NYSE American Company Guide. The Company's Common Stock will continue to trade on the NYSE American under the trading symbol "AMZE," but will trade under the following new CUSIP number: 35804X 200.