Cemtrex, Inc. (CETX) executed two reverse stock splits in late 2024: a 60:1 split on October 2, 2024, and a 35:1 split on November 26, 2024. The company also completed a 15:1 reverse stock split on September 29, 2025.1 These actions were primarily undertaken to maintain compliance with Nasdaq's minimum bid price requirement.1
Following these reverse stock splits, the available information from SEC filings indicates several capital-raising activities and warrant exercises, which involve the issuance of company stock. However, direct reports of significant insider purchases or sales (e.g., through Form 4 filings) by officers or directors immediately following the late 2024 splits are not explicitly detailed in the provided search results.
Key activities observed post-splits include:
- Warrant Adjustments and Exercises: The exercise prices of Series A and Series B Warrants were reset following the reverse splits. For instance, after the October 2, 2024 split, Series A and B Warrants were reset to an exercise price of $0.7466. Following the November 26, 2024 split, the exercise price was reset to $3.1488.1 In December 2025, the company issued 29,943 shares upon the exercise of Series A Warrants and 2,234,247 shares upon the exercise of Series B Warrants, generating approximately $5.5 million in gross proceeds.1
- Equity Offerings: Cemtrex raised approximately $1.2 million in net proceeds from a May 2025 equity offering and an additional $4.0 million in December 2025.1 Specifically, in December 2025, the company entered into Securities Purchase Agreements with single accredited institutional investors for registered direct offerings, issuing common stock and pre-funded warrants.1
- Debt-to-Equity Conversion: In December 2025, the company issued 2,500,609 shares of common stock to certain lenders to satisfy $6,084,000 of outstanding debt.1
While these events involve changes in share ownership, they are distinct from open-market insider purchases or sales by executives and directors. The provided documents do not highlight specific Form 4 filings indicating direct insider buying or selling activity in the immediate aftermath of the late 2024 reverse splits.
