Playstudios announces 1-for-10 reverse stock split effective Sept. 30
Bitget2026/09/25 00:00- Playstudios set a 1-for-10 reverse stock split for its Class A common stock, effective 5 p.m. ET on Sept. 30, 2026.
- Class A shares expected to trade on a split-adjusted basis on Nasdaq from Oct. 1, 2026 under MYPS.
- Move targets regained compliance with Nasdaq’s $1.00 minimum bid price requirement.
- Third quarter through Sept. 24: repurchased 4,300,000 Class A shares for USD 3.0 million at an average USD 0.71.
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