Patriot Gold Corp. filed a Form 8-K/A on October 28, 2026, disclosing that its board of directors and principal stockholders approved a one-for-ten reverse stock split of the company's issued and outstanding common stock, with an earliest event date of July 1, 2026.

Key Highlights

  • Reverse split ratio: One (1) share for every ten (10) shares of issued and outstanding common stock, as approved on October 7, 2025.
  • Approval authority: The board of directors and principal stockholders holding a majority of outstanding common stock approved the action.
  • Regulatory review pending: The split is subject to review by FINRA and the Canadian Securities Exchange (CSE) before taking effect.
  • Effective date not set: According to the filing, the record date, effective date, and split-adjusted trading start date have not yet been established.
  • No change to stockholder equity: The filing states the reverse stock split will not affect total stockholders' equity, as any decrease in aggregate par value will be offset by a corresponding increase in additional paid-in capital.
  • Par value unchanged: The par value of the company's common stock will remain unchanged following the split.
  • Historical restatement: The filing states all share and per share information will be retroactively adjusted to reflect the split for all periods presented in future financial reports and regulatory filings.

Patriot Gold Corp. Reverse Split Details and Regulatory Status

According to the 8-K/A filing, Patriot Gold Corp.'s board of directors and principal stockholders holding a majority of the company's outstanding common stock approved the one-for-ten reverse stock split on October 7, 2025. The company is incorporated in Nevada and lists commission file number 000-32919. No exchange or trading symbol is identified in the filing's registered-securities table.

The filing discloses that the reverse stock split remains subject to the completion of required regulatory and administrative processes, specifically review by FINRA and the CSE. The company stated it has submitted, or expects to submit, the required materials to both regulators. The company said it "will publicly announce such dates following the completion of the applicable regulatory review processes and determination of the relevant dates."

As described in the filing, the split will decrease the number of outstanding common shares but will not affect any stockholder's proportionate interest in the company prior to the closing of what the filing refers to as the "Share Exchange," except for minor differences from rounding of fractional shares. All shares of common stock carry equal voting, liquidation, and dividend rights, and the filing notes that holders have no preemptive rights to acquire additional shares. The split shares will be fully paid and non-assessable, and the number of stockholders will remain unchanged.

What Was Disclosed

Patriot Gold Corp. disclosed via an amended current report that its board and majority stockholders approved a 1-for-10 reverse stock split, pending FINRA and CSE regulatory review. No effective date has been set, and total stockholders' equity will remain unaffected.