Innovative Eyewear Files 8-K on Corporate Changes

TL;DR

Innovative Eyewear filed an 8-K on July 8th covering corporate changes and shareholder votes.

AI Summary

On July 8, 2024, Innovative Eyewear Inc. filed an 8-K report detailing amendments to its articles of incorporation and bylaws, submission of matters to a vote of security holders, and financial statements and exhibits. The company, incorporated in Florida with its fiscal year ending December 31, is involved in the ophthalmic goods industry.

Why It Matters

This filing indicates significant corporate governance updates and the submission of important matters for shareholder approval, which could impact the company's strategic direction and operational framework.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain any immediate negative financial or operational news.

Key Numbers

• 001-41392 — SEC File Number (Identifies the company's filing with the SEC.)
• 85-0734861 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Innovative Eyewear Inc. (company) — Registrant
• July 8, 2024 (date) — Date of earliest event reported
• Florida (location) — State of incorporation
• December 31 (date) — Fiscal year end

FAQ

Key Financial Figures

• $0.00001 — ch registered Common Stock, par value $0.00001 per share LUCY The Nasdaq Stock Mar

Filing Documents

• innovativeeyewear_8k.htm (8-K) — 43KB
• innovativeeyewear_ex3-1.htm (EX-3.1) — 9KB
• 0001829126-24-004695.txt ( ) — 272KB
• lucy-20240708.xsd (EX-101.SCH) — 4KB
• lucy-20240708_def.xml (EX-101.DEF) — 26KB
• lucy-20240708_lab.xml (EX-101.LAB) — 36KB
• lucy-20240708_pre.xml (EX-101.PRE) — 25KB
• innovativeeyewear_8k_htm.xml (XML) — 6KB

03 Amendments to Articles of Incorporation or Bylaws;

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Innovative Eyewear, Inc. (the "Company") filed with the Florida Secretary of State a Certificate of Amendment to Articles of Incorporation (the "Certificate of Amendment") which will be effective on July 16, 2024 to effect a one-for-twenty (1:20) reverse stock split (the "Reverse Stock Split") of the shares of the Company's common stock, par value $0.00001 of the Company (the "Common Stock"). The Reverse Stock Split was approved by the Company's stockholders at a general meeting on July 8, 2024. As a result of the Reverse Stock Split, every twenty (20) shares of issued and outstanding Common Stock will be automatically combined into one (1) issued and outstanding share of Common Stock, without any change in the par value per share. No fractional shares were issued as a result of the Reverse Stock Split and any fractional shares resulting from the reverse stock split were rounded up to the nearest number of whole share. Based on the number of shares of Common Stock as of the date hereof, following the Reverse Stock Split, the number of shares of Common Stock outstanding will be reduced from 27,890,033 shares to approximately 1,394,502 shares. The shares of Common Stock underlying the Company's outstanding stock options and warrants will be similarly adjusted along with corresponding adjustments to their exercise prices. The number of authorized shares of Common Stock under the Articles of Incorporation will remain unchanged. The Company's transfer agent, VStock Transfer LLC, is the exchange agent for the Reverse Stock Split and will correspond with stockholders of record regarding the Reverse Stock Split. Stockholders owning shares via a broker or other nominee will have their positions automatically adjusted to reflect the Reverse Stock Split. The Common Stock will begin trading on a reverse stock split-adjusted basis as of July 18, 2024. The ticker symbol for our Common Stock w

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On July 8, 2024, the Company completed its 2024 annual meeting of stockholders (the "Annual Meeting"). The number of shares of Common Stock entitled to vote at the Annual Meeting was 17,501,066 shares. Stockholders were entitled to one vote for each share of Common Stock owned. The number of shares of Common Stock present or represented by valid proxy at the Annual Meeting was 12,315,639 shares of Common Stock. Proposal No. 1 - Election of directors The Company's stockholders elected Harrison Gross, Kristen McLaughlin, Louis Castro, and Olivia Bartlett to serve until the 2025 annual meeting of stockholders or until his or her successor is duly elected and qualified or until his or her earlier resignation or removal or otherwise is disqualified from serving as a director of the Company. The voting results were as follows: Nominee Shares Voted For Shares Withheld Broker Non-Votes Harrison Gross 9,701,148 246,839 2,367,652 Kristen McLaughlin 9,701,480 246,507 2,367,652 Louis Castro 9,699,556 248,431 2,367,652 Olivia Bartlett 9,701,018 246,969 2,367,652 1 Proposal No. 2 - Ratification of the appointment by the Board of the Company of Cherry Bekaert LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 The Company's stockholders ratified the appointment of Cherry Bekaert LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The voting results were as follows: For Against Abstain 11,988,739 319,954 6,946 Proposal No. 3 - Approval of the Amendment to the Company's Articles of Incorporation The Company's stockholders approved the amendment to the Company's Articles of Incorporation, as amended, to effect a reverse stock split of our issued and outstanding Common Stock at a ratio of between 1-for-8 and 1-for-24. The voting results were

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Exhibit Description 3.1 Certificate of Amendment to Articles of Incorporation, as filed with the Secretary of State of the State of Florida on July 8, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: July 10, 2024 By: /s/ Harrison Gross Name: Harrison Gross Title: Chief Executive Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR