Form 8-K
8-K — Cytosorbents Corp
Accession: 0001104659-26-105901
Filed: 2026-09-08
Period: 2026-09-08
CIK: 0001175151
SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)
Item: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item: Financial Statements and Exhibits
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8-K — tm2624941d1_8k.htm (Primary)
EX-3.1 — EXHIBIT 3.1 (tm2624941d1_ex3-1.htm)
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2026-09-08
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UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
September 8, 2026
CytoSorbents Corporation
(Exact name of registrant as specified in
its charter)
Delaware
001-36792
98-0373793
(State or other
jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
305
College Road East
Princeton, New Jersey
08540
(Address of principal executive offices)
(Zip code)
Registrant’s telephone number, including
area code (973) 329-8885
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b)
of the Securities Exchange Act of 1934:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $0.001 par value
CTSO
The NASDAQ Stock Market LLC
(Nasdaq Capital Market)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change
in Fiscal Year.
On September 3, 2026, CytoSorbents
Corporation (the “Company”) announced that it would effect a one-for-twenty (1:20) reverse stock split (the “Reverse
Stock Split”) of its common stock, par value $0.001 per share (the “Common Stock”). The Reverse Stock Split was approved
by the shareholders of the Company at the 2026 Annual Meeting of Stockholders, held on August 13, 2026, with the final ratio to be determined
thereafter and within the shareholder-approved range by the Company’s board of directors (the “Board”).
The number of shares of the
Company’s Common Stock outstanding prior to the Reverse Stock Split as of September 3, 2026, was 63,022,020. On September 3, 2026,
the Company filed a certificate of amendment to amend the Company’s Second Amended and Restated Certificate of Incorporation (the
“Certificate of Amendment”) with the Secretary of State of the State of Delaware, with an effective date of September 8, 2026
(the “Effective Date”). The Reverse Stock Split became effective at 12:01 a.m. E.T. on September 8, 2026 (the “Effective
Time”).
Upon effectiveness of the
Reverse Stock Split, every twenty (20) shares of the Company’s issued and outstanding Common Stock immediately prior to the Effective
Time shall automatically be reclassified into one (1) share of Common Stock, without any change in the par value per share. The Reverse
Stock Split resulted in a proportionate reduction in the number of shares of Common Stock issuable upon the exercise of the Company’s
outstanding options and warrants, with a corresponding adjustment to the exercise price per share applicable to each such option and warrant.
These adjustments occurred automatically upon effectiveness of the Reverse Stock Split. The Reverse Stock Split did not change the Company’s
total number of authorized shares of Common Stock.
No fractional shares were
issued as a result of the Reverse Stock Split. Shareholders who otherwise would be entitled to receive a fractional share in connection
with the Reverse Stock Split were entitled to have such fractional share rounded up to the nearest whole share.
Equiniti Trust Company, LLC,
is acting as exchange agent for the Reverse Stock Split and will notify shareholders of record regarding the Reverse Stock Split. Shareholders
who hold their shares in book-entry form or in “street name” (through a broker, bank or other holder of record) are not required
to take any action.
Commencing on September 8,
2026, trading of the Company’s Common Stock will continue on The Nasdaq Stock Market LLC on a split-adjusted basis. The new CUSIP
number for the Company’s Common Stock following the Reverse Stock Split is 23283X305.
The foregoing description
of the Certificate of Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the
Certificate of Amendment, which is filed as Exhibit 3.1 to this report and incorporated herein by reference.
Item 9.01 Exhibits
(d) Exhibits
Exhibit
No.
Description
3.1
Certificate of Amendment of the Company, effective September 8, 2026
104
Cover Page Interactive Data File (embedded with the Inline XBRL document)
SIGNATURES
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: September 8, 2026
CYTOSORBENTS CORPORATION
By:
/s/ Dr. Phillip P. Chan
Name:
Dr. Phillip P. Chan
Title:
Chief Executive Officer
EX-3.1 — EXHIBIT 3.1
EX-3.1
Filename: tm2624941d1_ex3-1.htm · Sequence: 2
Exhibit 3.1
CERTIFICATE
OF AMENDMENT
TO
THE
SECOND
AMENDED AND RESTATED CERTIFICATE OF INCORPORATION
OF
CYTOSORBENTS
CORPORATION
CytoSorbents
Corporation, a corporation organized and existing by virtue of the General Corporation Law of the State of Delaware (the “Corporation”),
does hereby certify:
FIRST:
At the Effective Time (as defined below), each share of the Corporation’s common stock, $0.001 par value per share (the “Old
Common Stock”), either issued or outstanding or held by the Corporation as treasury stock, immediately prior to the Effective
Time, will be automatically reclassified and combined (without any further act) into a smaller number of shares such that each twenty
(20) shares of Old Common Stock issued and outstanding or held by the Corporation as treasury stock immediately prior to the Effective
Time is reclassified into one (1) share of Common Stock, $0.001 par value per share, of the Corporation (the “New Common Stock”),
without increasing or decreasing the amount of stated capital or paid-in surplus of the Corporation (the “Reverse Stock Split”).
The Board of Directors shall make provision for the issuance of that number of fractions of New Common Stock such that any fractional
share of a holder otherwise resulting from the Reverse Stock Split shall be rounded up to the next whole number of shares of New Common
Stock. Each stock certificate that, immediately prior to the Effective Time, represented shares of the Old Common Stock shall thereafter,
from and after the Effective Time, automatically and without the necessity of presenting the same for exchange, represent the number
of shares of the New Common Stock into which such shares of Old Common Stock shall have been combined, subject to the treatment of fractional
shares as described above.”
SECOND:
The foregoing amendment has been duly adopted in accordance with the provisions of Section 242 of the General Corporation Law of the
State of Delaware.
THIRD:
This Certificate of Amendment shall be effective as of 12:01 AM Eastern Time on September 8, 2026 (the “Effective Time”).
[SIGNATURE PAGE
FOLLOWS]
IN
WITNESS WHEREOF, the Corporation has caused this Certificate of Amendment to be duly executed in its corporate name and on its behalf
by its duly authorized officer this 3rd day of September, 2026.
CYTOSORBENTS
CORPORATION
By:
/s/
Dr. Phillip P. Chan
Name:
Dr. Phillip P. Chan
Title:
Chief Executive Officer
B-2
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