Back to news

Brightline Interactive Announces Reverse Stock Split of the Company's Common Stock to Regain Compliance with Nasdaq Bid Price Requirement

ACCESSWIRE23/09/202609:32 ET
0

ASHBURN, VA / ACCESS Newswire / September 23, 2026 / Brightline Interactive, Inc. ("Brightline" or the "Company") (NASDAQ:BTLN), today announced a planned reverse stock split of its authorized and outstanding shares of common stock at a ratio of 1-for-8. The reverse stock split will take effect as of 12:01 a.m. ET, on September 28, 2026, and shares of Brightline will trade on a post-split basis on Nasdaq under the existing trading symbol, "BTLN," at the market open on September 28, 2026. The reverse split is intended to allow the Company to regain compliance with the Nasdaq Bid Price Requirement. Following the reverse stock split, the new CUSIP number of the common stock will be 37892C205, with the par value per share of common stock remaining at $0.001. A proportionate adjustment will be made to the per-share exercise prices and number of shares issuable under all outstanding warrants, options and equity awards.

Get started

Create a free account to read the full story and Whiz Insights.

Sign Up

Already have an account? Log in