01/22/2026 WORCESTER, MA / ACCESS Newswire / January 22, 2026 / SideChannel, Inc. (OTCQB:SDCH) ("SideChannel"), a leading provider of cybersecurity services and technology from emerging to enterprise companies, today announced that its Board of Directors has approved a reverse stock split of the Company's common stock at a ratio of 1-for-52 (the "Reverse Stock Split"). The Reverse Stock Split is expected to become effective at 4:00 P.M. Eastern Time on January 22, 2026, after the close of trading on the OTCQB, and the Company's common stock is expected to begin trading on a post-Reverse Stock Split basis on the OTCQB under the same ticker symbol "SDCH" at market open on January 23, 2026.
Brian Haugli, CEO of SideChannel, said, "This action reflects our commitment to position SideChannel for growth and to allow a broader range of institutions to invest in our common stock, potentially increasing trading volume and liquidity of our stock. We appreciate our shareholders giving us authorization to effectuate the Reverse Stock Split and our board agreeing to take this step."
Upon effectiveness of the Reverse Stock Split, each 52 shares of SideChannel's issued and outstanding common stock (collectively, the "Pre-Split Common Stock") will automatically be reclassified such that each 52 shares of Pre-Split Common Stock will become one share of common stock, with any resulting fractional shares of common stock being rounded up to the nearest whole share of common stock. The Reverse Stock Split will reduce the number of issued and outstanding shares of common stock from approximately 231.2 million shares to approximately 4.4 million shares. The Reverse Stock Split will not affect the authorized number of shares of common stock or the par value of the common stock.
The Reverse Stock Split is intended to increase the per-share trading price of the Company's common stock and improve the marketability and liquidity of the stock, although the long- and near-term effect of the Reverse Stock Split upon the market price of the common stock cannot be predicted with any certainty. The Reverse Stock Split will also apply to common stock issuable upon the exercise or conversion of outstanding equity awards and warrants with corresponding adjustments to the applicable exercise or conversion prices and number of shares, in accordance with the terms of each instrument.
Registered stockholders holding certificated shares will receive information from the Company's transfer agent regarding the process for exchanging Pre-Split Common Stock certificates for book-entry statements or new stock certificates representing post-Reverse Stock Split shares, if applicable. Stockholders who hold their shares in "street name" through a bank, broker, or other nominee will not need to take any action in connection with the Reverse Stock Split.
For more information about SideChannel and its solutions, please visit https://sidechannel.com.
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