Playstudios announces 1-for-10 reverse stock split effective Sept. 30
MYPS•Playstudios set a 1-for-10 reverse split of its Class A shares effective Sept. 30, 2026, with split-adjusted Nasdaq trading expected Oct. 1; the move targets compliance with Nasdaq’s $1 minimum bid requirement.
1. Split and repurchases
The reverse split takes effect at 5 p.m. ET on Sept. 30, 2026. From Oct. 1, Class A shares are expected to trade on a split-adjusted basis on Nasdaq under MYPS; through Sept. 24, Playstudios repurchased 4.3 million Class A shares for $3 million, at an average of $0.71 per share.
