American Bitcoin to Execute 1-for-15 Reverse Split, Reducing Shares to 73M
ABTC•American Bitcoin Corp will execute a 1-for-15 reverse stock split effective July 2, 2026, cutting its outstanding shares from 1.092 billion to about 73 million and adopting a new CUSIP 02462A203. Shares will trade split-adjusted on Nasdaq at the open July 6 to satisfy minimum bid price rules.
1. Reverse Split Execution
American Bitcoin Corp will effect a 1-for-15 reverse stock split of its Class A and Class B common stock at 5:00 p.m. on July 2, 2026. Trading on a split-adjusted basis will commence on Nasdaq at market open on July 6 under the existing symbol with new CUSIP 02462A203.
2. Share Count Reduction
The split will decrease total issued shares from 1,092,295,800 (360,070,897 Class A and 732,224,903 Class B) to approximately 73 million shares, comprising roughly 24 million Class A and 49 million Class B shares. Authorized shares and par values remain unchanged.
3. Nasdaq Compliance and Fractional Shares
The reverse split is intended to elevate the per-share trading price to comply with Nasdaq’s minimum bid requirement. No fractional shares will be issued; holders will receive cash payments for fractions through the transfer agent, and positions held via brokers or nominees will adjust automatically.
