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, reducing its expected Class A shares outstanding to about 6.515 million from about 130.3 million.
1. Split details
The reverse split will take effect at 12:00 a.m. ET on Oct. 14, with shares expected to begin trading on a split-adjusted basis at the Nasdaq open under the symbol SKIN. The move targets Nasdaq’s $1.00 minimum bid-price requirement for continued listing on the Nasdaq Capital Market. The company said its 7.95% Convertible Senior Secured Notes due 2028 will have their conversion rate adjusted proportionately; the new CUSIP is 88331L306.
