Kustom Entertainment executes 1-for-10 reverse stock split
KUST•Kustom Entertainment executed a 1-for-10 reverse stock split effective Oct. 1, 2026, targeting Nasdaq’s $1.00 minimum bid price requirement. Outstanding common shares are set to fall to 650,686 from 6,506,860, subject to fractional-share rounding.
1. Split details
Kustom Entertainment’s shares will trade on a split-adjusted basis with a new CUSIP, 25382T705. Authorized common shares will decrease to 1,333,334 from 13,333,333, while preferred share authorization will remain unchanged.
