Cemtrex, Inc. has completed a statutory conversion of its state of incorporation from Delaware to Nevada, effective October 7, 2026. The company filed a certificate of conversion with the Secretary of State of Delaware and articles of conversion with the Secretary of State of Nevada on October 6, 2026. The transaction was approved by the company's board of directors and by the written consent of the holder of a majority of the voting power of the company's outstanding capital stock.
The conversion, referred to as the Nevada Reincorporation, became effective at 12:01 a.m. Eastern Time on October 7, 2026. As a result, the company ceased to be governed by the Delaware General Corporation Law and its Delaware certificate of incorporation and bylaws. It is now governed by the Nevada Revised Statutes, the articles of incorporation filed with the Nevada Secretary of State, and the bylaws adopted by the board of directors.
The company states that the reincorporation did not create a new issuer. At the time of the effective time, the company continued as the same corporation without any change in its business, headquarters, management, employees, assets, liabilities, or material contracts, other than costs related to the conversion. Each outstanding share of common stock, Series C preferred stock, and Series 1 preferred stock automatically converted into one share of the corresponding class or series of the Nevada corporation. Stockholders are not required to exchange certificates or book-entry positions.
The company does not expect a new CUSIP number. The common stock continues to be listed on The Nasdaq Capital Market under the symbol "CETX." The Series 1 preferred stock continues to be quoted on the OTC market under the symbol "CETXP." The company filed a definitive information statement on Schedule 14C with the Securities and Exchange Commission on September 15, 2026, and mailed that information statement to stockholders on September 17, 2026.