First Choice Healthcare Solutions, Inc. Information on Share Consolidation

Rhea-AI Summary

First Choice Healthcare Solutions (OTC:FCHS) announced that its Board-approved 1-for-2,000 reverse stock split will consolidate the 32,958,288 common shares outstanding as of June 30, 2026 into approximately 16,429 common shares. Each 2,000 issued and outstanding common shares will automatically convert into roughly one share.

According to First Choice Healthcare Solutions, the reverse split will occur immediately after the planned Form 15 filing or after the effectiveness of the Form F 4 registration statement with the SEC, but before the company’s planned Nasdaq listing tied to its proposed business combination announced on July 22, 2026. The reverse split will not apply to nonpublic investment instruments that were consolidated into Series C Preferred securities and Bridge debtholders with conversion rights and commitment shares as of May 7, 2026.

Positive

• 1-for-2,000 reverse stock split consolidates 32,958,288 shares into about 16,429
• Reverse split timed ahead of planned Nasdaq listing and proposed business combination

Negative

• Outstanding publicly traded common shares cut to about 16,429, reducing share count significantly

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MELBOURNE, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- First Choice Healthcare Solutions, Inc., (OTC: FCHS), (“First Choice” or the “Company”), announced today that as previously approved by the Board of Directors of the Company on September 15, 2024, all current issued and outstanding publicly traded common stock will be revised to reflect a 1 for 2,000 reverse stock split of the 32,958,288 shares of common stock of the Company outstanding as of June 30, 2026 reducing the issued and outstanding common stock to 16,429 shares of common stock. Following the Reverse Stock Split each two thousand (2000) shares of the Company's issued and outstanding common stock will automatically be combined into approximately one (1) share of common stock. The reverse split will be affected immediately after the planned Form 15 filing or after the effectiveness of the Form F 4 (the” Registration Statement”) filed with the Securities and Exchange Commission but prior to its planned listing on the Nasdaq as detailed in its Proposed Business Combination announced on July 22, 2026. The reverse stock split does not apply to other investment nonpublic instruments consolidated as of May 7, 2026 into Series C Preferred securities and Bridge Debtholders with conversion rights and commitment shares.

About First Choice Healthcare Solutions, Inc.

First Choice Healthcare Solutions, Inc. is engaged in providing healthcare services through developing and operating functional health, longevity and regenerative medicine clinics and related healthcare businesses.

First Choice Healthcare Solutions, Inc. Contact
PCG Advisory
Kevin McGrath
+1-646-418-7002
kevin@pcgadvisory.com

FAQ

What reverse stock split did First Choice Healthcare Solutions (FCHS) announce on July 23, 2026?

First Choice Healthcare Solutions announced a 1-for-2,000 reverse stock split of its common stock. According to First Choice Healthcare Solutions, this will consolidate 32,958,288 outstanding common shares into approximately 16,429 shares based on the share count as of June 30, 2026.

How will the First Choice Healthcare Solutions (FCHS) reverse stock split affect existing shareholders?

Each 2,000 existing common shares will automatically convert into approximately one common share. According to First Choice Healthcare Solutions, this consolidation applies to all current issued and outstanding publicly traded common shares, based on holdings as of June 30, 2026, reducing the total share count.

When will the FCHS reverse stock split become effective for First Choice Healthcare Solutions shareholders?

The reverse stock split will occur after the planned Form 15 filing or after the effectiveness of Form F 4. According to First Choice Healthcare Solutions, it will take place before the company’s planned Nasdaq listing related to its proposed business combination.

Does the First Choice Healthcare Solutions (FCHS) reverse stock split affect preferred securities or Bridge debtholders?

The reverse stock split applies only to publicly traded common stock and not to certain nonpublic instruments. According to First Choice Healthcare Solutions, Series C Preferred securities and Bridge debtholders with conversion rights and commitment shares consolidated as of May 7, 2026 are excluded.

Why is First Choice Healthcare Solutions (FCHS) implementing a 1-for-2,000 reverse stock split?

The company links the reverse split to its broader capital and listing plans. According to First Choice Healthcare Solutions, the reverse split is scheduled to occur before its planned Nasdaq listing and is connected to its proposed business combination announced on July 22, 2026.

How many First Choice Healthcare Solutions (FCHS) shares will be outstanding after the reverse stock split?

After the 1-for-2,000 reverse stock split, outstanding common shares are expected to be about 16,429. According to First Choice Healthcare Solutions, this figure reflects the consolidation of 32,958,288 common shares outstanding as of June 30, 2026.