Brag House Plans 1-for-8 Reverse Split to Meet Nasdaq Listing Requirement
TBH•Brag House Holdings will effect a 1-for-8 reverse stock split of its common stock effective June 1, 2026, reducing outstanding shares from 27,069,563 to approximately 3,383,695 to meet Nasdaq’s $1.00 minimum bid requirement. Fractional shares will be cashed out and equity awards will be adjusted at an eightfold ratio.
1. Reverse Split Overview
Brag House Holdings will effect a 1-for-8 reverse stock split on June 1, 2026 at 5:30am ET, reducing its common stock from 27,069,563 shares to approximately 3,383,695 shares. The split aims to increase the per-share trading price to comply with Nasdaq’s $1.00 minimum bid price rule.
2. Impact on Shareholders
As a result of the reverse split, every eight pre-split shares will combine into one post-split share, with holders of fractional shares receiving cash in lieu of fractional interests. Shareholders holding through brokers will have positions automatically adjusted without any required action.
3. Equity Awards and Warrants Adjustment
All outstanding equity awards, warrants and stock options will be proportionately adjusted by dividing share counts by eight and multiplying exercise prices by eight, ensuring that total grant values remain unchanged post-split. Authorized shares and par value per share will remain unchanged.
