SkinHealth Systems executes 1-for-20 reverse stock split effective Oct. 14

Bitget2026/10/09 13:02

SkinHealth Systems will execute a 1-for-20 reverse stock split effective 12:00 a.m. ET on Oct. 14, 2026. Shares are expected to trade split-adjusted at the Nasdaq open on Oct. 14 under SKIN; new CUSIP 88331L306. Move targets Nasdaq’s $1.00 minimum bid-price requirement for continued listing on the Nasdaq Capital Market. Outstanding Class A shares are expected to fall to about 6,515,000 from about 130,300,000, based on Oct. 7 counts. 7.95% Convertible Senior Secured Notes due 2028 conversion rate will be adjusted proportionately to reflect the split ratio. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skinhealth Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610090900PRIMZONEFULLFEED9842385) on October 09, 2026, and is solely responsible for the information contained therein.

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SkinHealth Systems will execute a 1-for-20 reverse stock split effective 12:00 a.m. ET on Oct. 14, 2026.
Shares are expected to trade split-adjusted at the Nasdaq open on Oct. 14 under SKIN; new CUSIP 88331L306.
Move targets Nasdaq’s $1.00 minimum bid-price requirement for continued listing on the Nasdaq Capital Market.
Outstanding Class A shares are expected to fall to about 6,515,000 from about 130,300,000, based on Oct. 7 counts.
7.95% Convertible Senior Secured Notes due 2028 conversion rate will be adjusted proportionately to reflect the split ratio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skinhealth Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610090900PRIMZONEFULLFEED9842385) on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SkinHealth Systems executes 1-for-20 reverse stock split effective Oct. 14

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