Kustom Entertainment announces 1-for-10 reverse stock split

Bitget2026/09/29 13:06

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Kustom Entertainment will execute a 1-for-10 reverse stock split, with split-adjusted Nasdaq trading expected to start Oct. 1, 2026.
Move targets compliance with Nasdaq’s $1.00 minimum bid-price requirement for continued listing on the Nasdaq Capital Market.
Outstanding common shares expected to fall to 650,686 from 6,506,860, subject to rounding for fractional shares.
Authorized common shares set to drop to 1,333,334 from 13,333,333; preferred stock authorization remains unchanged.
Split will carry a new CUSIP: 25382T705.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kustom Entertainment Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609290900PRIMZONEFULLFEED9835466) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kustom Entertainment announces 1-for-10 reverse stock split

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