UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 5.03 Amendments to Articles of Incorporation or By-Laws; Change in Fiscal Year.
Effective as of March 6, 2026, DUKE Robotics Corp. (the “Company”) will effect a reverse stock split of its outstanding shares of common stock at a ratio of twenty five (25) -for- one (1) (the “Reverse Stock Split”). The Reverse Stock Split, which was approved by the Company’s Board of Directors under the authority granted by stockholders holding a majority of the Company’s outstanding voting power by written consent in lieu of a meeting on August 12, 2025, was consummated pursuant to a Certificate of Change filed with the Secretary of State of Nevada on March 4, 2026 (the “Certificate of Change”). The Reverse Stock Split will take effect on March 6, 2026.
Effects of the Reverse Stock Split
Effective Date; Symbol; CUSIP Number. The Reverse Stock Split will take effect at 12:01 a.m. Eastern Standard Time on March 6, 2026, and will be reflected with the OTCQB (“OTCQB”) and in the marketplace at the open of business on March 6, 2026 (the “Effective Date”), whereupon the shares of common stock will begin to trade on a split-adjusted basis. In connection with the Reverse Stock Split, the Company's ticker symbol on the OTCQB is expected to trade under the symbol DUKRD for 20 trading days, in accordance with OTC Marketplace rules. The Company will trade under a new CUSIP Number, 903448207.
Split Adjustment; No Fractional Shares. On the Effective Date, the total number of shares of the Company’s common stock held by each shareholder will convert automatically into the number of whole shares of common stock equal to (i) the number of issued and outstanding shares of common stock held by such stockholder immediately prior to the Reverse Stock Split, divided by (ii) twenty-five.
No fractional shares will be issued, and no cash or other consideration will be paid. In lieu of any fractional shares, stockholders who would otherwise hold a fractional share because the number of shares of common stock they hold before the Reverse Stock Split is not evenly divisible by the Reverse Stock Split ratio that number of shares of common stock will be rounded up to the nearest whole share.
State Filing. The Reverse Stock Split will take effect at 12:01 a.m. Eastern Standard Time on March 6, 2026 as stated in the Company’s filing of the Certificate of Change with the Secretary of State of the State of Nevada on March 4, 2026. The Certificate of Change was not effective until the Effective Date. A copy of the Certificate of Change is attached hereto as Exhibit 3.1 and is incorporated herein by reference.
Capitalization. Prior to the Effective Date of the Certificate of Change, the Company was authorized to issue 350,000,000 shares of common stock and the Reverse Stock Split has no impact on such amount. As of March 5, 2026 (prior to the Effective Date), there were 56,302,147 shares of common stock outstanding. As a result of the Reverse Stock Split, there will be approximately 2,252,086 shares of common stock outstanding (subject to adjustment due to the effect of rounding fractional shares into whole shares). The Reverse Stock Split will not have any effect on the stated par value of the common stock. The Reverse Stock Split will not change the number of authorized shares of preferred stock, or the par value of common stock or preferred stock.
Each shareholder’s percentage ownership interest in the Company and proportional voting power remains virtually unchanged as a result of the Reverse Stock Split, except for minor changes and adjustments that will result from rounding fractional shares into whole shares. The rights and privileges of the holders of shares of common stock will be substantially unaffected by the Reverse Stock Split.
Proportionate adjustments will be made to the exercise prices and the number of shares underlying the Company’s outstanding options, warrants and other equity-based awards, in accordance with their terms. After the Reverse Stock Split, the shares of the Company’s common stock will have the same proportional voting rights and rights to dividends and distributions.
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Item 8.01 Other Events.
On March 5, 2026, the Company issued a press release titled “Duke Robotics Announces 25-for-1 Reverse Stock Split.” A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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3.1 |
Certificate of Change filed with the Secretary of State of the State of Nevada on March 4, 2026. | |
| 99.1 | Press release dated March 5, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.
| DUKE ROBOTICS CORP. | |||
| Dated: March 5, 2026 | By: | /s/ Yossef Balucka | |
| Name: | Yossef Balucka | ||
| Title: | Chief Executive Officer | ||
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