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Kustom Entertainment executes 1-for-5 reverse stock split

PUBT·04/20/2026 11:00:21
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Kustom Entertainment executes 1-for-5 reverse stock split
  • Kustom Entertainment set a 1-for-5 reverse stock split of its common stock.
  • Split-adjusted trading on Nasdaq expected to start April 22, 2026.
  • Outstanding common shares expected to drop to 526,613 from 2,633,063, subject to fractional-share rounding.
  • Authorized common shares to be reduced to 13,333,333 from 66,666,666.
  • Move targets compliance with Nasdaq $1 minimum bid price requirement.


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: 202604200700PRIMZONEFULLFEED9692529) on April 20, 2026, and is solely responsible for the information contained therein.