Kustom Entertainment executes 1-for-10 reverse stock split

Bitget2026/10/05 21:01

Kustom Entertainment to execute a 1-for-10 reverse stock split, effective Oct. 1, 2026. Move targets Nasdaq’s $1.00 minimum bid price requirement for continued listing. Outstanding common shares set to fall to 650,686 from 6,506,860, subject to fractional-share rounding. Authorized common shares to drop to 1,333,334 from 13,333,333; preferred authorization unchanged. Shares to trade on a split-adjusted basis with 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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-045762), on October 05, 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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