SkinHealth Systems executes 1-for-20 reverse stock split effective Oct. 14
SKIN•SkinHealth Systems will execute a 1-for-20 reverse stock split effective Oct. 14, 2026. Class A shares are expected to trade split-adjusted on Nasdaq that day, with outstanding shares falling to about 6.5 million from about 130.3 million based on Oct. 7 figures.
1. Split details
The reverse split takes effect at 12:00 a.m. ET on Oct. 14, 2026. SkinHealth Systems said the move targets regaining compliance with Nasdaq’s $1.00 minimum bid requirement under Listing Rule 5550(a)(2).
2. Share and note adjustments
Class A shares are expected to trade on a split-adjusted basis at the Nasdaq open under SKIN. The conversion rate on the company’s 7.95% Convertible Senior Secured Notes due 2028 will be adjusted proportionately.
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