Brightline Interactive sets 1-for-8 reverse stock split to regain Nasdaq bid price compliance
Bitget2026/09/23 13:32- Brightline Interactive set a 1-for-8 reverse stock split, effective 12:01 a.m. ET on Sept. 28, 2026.
- Nasdaq trading switches to a post-split basis at the Sept. 28 market open under the BTLN ticker.
- Move targets Nasdaq’s $1 minimum bid-price rule following a Sept. 11, 2026 staff delisting determination under appeal.
- Fractional shares will be rounded up at the DTC participant level.
- CUSIP changes to 37892C205; warrant, option, and equity-award terms adjust proportionately.
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