SkinHealth Systems to effect 1-for-20 reverse stock split, effective October 14, 2026
SkinHealth Systems Inc. (SKIN) will combine every 20 shares of its Class A common stock into one share, effective at 12:00 a.m. ET on October 14, 2026, with trading on a split-adjusted basis on the Nasdaq Capital Market starting that day under the same ticker. The company said the split is intended to help it regain compliance with Nasdaq's $1.00 minimum bid price requirement, and that it does not change any stockholder's percentage ownership, except for cash paid in lieu of fractional shares.
Key points
- Ratio: 1-for-20; outstanding shares expected to fall from approximately 130.3 million to approximately 6.5 million, based on shares outstanding as of October 7, 2026
- Stockholders approved the split at a special meeting on September 22, 2026; the Board set the 1-for-20 ratio the same day
- New CUSIP number 88331L306; ticker remains SKIN; convertible notes due 2028 conversion rate adjusted proportionately
- The company states the split may not produce a sustained rise in share price, may reduce trading liquidity, and may not restore Nasdaq compliance
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.