KIDZ AI Announces 1-for-15 Reverse Stock Split
KIDZ AI (NASDAQ: KIDZ, KIDZW) will implement a 1-for-15 reverse stock split of its outstanding Class A and Class B common stock, effective 12:01 a.m. Eastern Time on August 13, 2026.
Rhea-AI Summary
KIDZ AI (NASDAQ: KIDZ, KIDZW) will implement a 1-for-15 reverse stock split of its outstanding Class A and Class B common stock, effective 12:01 a.m. Eastern Time on August 13, 2026. Class B shares will continue trading on Nasdaq under the symbol KIDZ on a split-adjusted basis from the market open that day, with a new CUSIP of 182744409.
The reverse split, approved by stockholders on June 10, 2026 and set at a 1-for-15 ratio by the board on July 21, 2026, is intended to increase the Class B per-share trading price and support compliance with Nasdaq’s continued listing, including the minimum bid requirement. Authorized share counts and par values remain unchanged. Fractional shares will not be issued; any fractional amounts will be rounded up to the nearest whole share.
Positive
- 1-for-15 reverse split aims to support Nasdaq minimum bid compliance
- Authorized share counts for Class A and B remain unchanged
- Fractional shares will be rounded up to the nearest whole share
Negative
- 1-for-15 reverse split significantly reduces shares outstanding per holder
- Company states no assurance split will maintain Nasdaq listing compliance
News Explained
Beyond the share consolidation, the
Details
Market move: KIDZ -28.00% in the Aug 11 session. 1-for-15 reverse stock split
On Aug 11, the day this news came out, KIDZ closed 28.00% below the previous close. Argus tracked a trough of -26.1% from its starting point during tracking. Our momentum scanner recorded 44 alerts for this stock that day. Relative volume reached 3.5x the daily average during tracking.
Data tracked by StockTitan Argus for the Aug 11 session.
Key Figures
- Reverse split ratio
- 1-for-15
- Class A and Class B common stock
- Effective time
- 12:01 a.m. Eastern Time on August 13, 2026
- Reverse stock split
- New CUSIP
- 182744409
- Class B common stock after the split
- Approved ratio range
- 1-for-2 to 1-for-50
- Range approved at the June 10, 2026 annual meeting
- Board approval date
- July 21, 2026
- 1-for-15 ratio
- Share consolidation
- 15 shares into 1 share
- Each class of common stock
- Par value
- $0.0001 per share
- Par value remains unchanged for each class
Previous Stock split,AI Reports
-
Prior 1-for-10 reverse split aimed to satisfy Nasdaq minimum bid requirements
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
reverse stock split financial
cusip number technical
minimum bid price requirement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK CITY, NY / ACCESS Newswire / August 11, 2026 / KIDZ AI Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) ("KIDZ AI" or the "Company"), an AI-driven education technology and emerging AI infrastructure company, today announced that it will conduct a 1-for-15 reverse stock split of its outstanding Class A common stock and Class B common stock (the "Reverse Stock Split").
The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on August 13, 2026.
The Company's Class B common stock will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the symbol "KIDZ" and is expected to begin trading on a split-adjusted basis at the opening of trading on August 13, 2026. The new CUSIP number for the Class B common stock following the Reverse Stock Split will be 182744409.
The Reverse Stock Split is intended to increase the per-share trading price of the Company's Class B common stock and support the Company's efforts to comply with Nasdaq's continued listing requirements, including Nasdaq's minimum bid price requirement. There can be no assurance that the Reverse Stock Split will result in any particular trading price or enable the Company to maintain compliance with Nasdaq's continued listing requirements.
At the Company's annual meeting of stockholders held on June 10, 2026, the Company's stockholders approved a reverse stock split at a ratio ranging from 1-for-2 to 1-for-50, with the exact ratio to be determined by the Company's Board of Directors. On July 21, 2026, the Board of Directors approved the 1-for-15 ratio.
At the effective time, every fifteen (15) shares of Class A common stock and every fifteen (15) shares of Class B common stock issued and outstanding immediately prior to the effective time will be combined automatically into one (1) share of the same class. The number of authorized shares of Class A common stock and Class B common stock and the
Proportional adjustments will be made, in accordance with the applicable terms, to the number of shares issuable and the exercise or conversion prices under the Company's outstanding warrants, convertible securities and equity incentive plans.
No fractional shares will be issued in connection with the Reverse Stock Split. Any fractional share resulting from the Reverse Stock Split will be rounded up to the nearest whole share, with rounding for beneficial holders at The Depository Trust Company applied at the DTC participant level.
Stockholders holding their shares electronically in book-entry form or through a brokerage account do not need to take any action. Stockholders holding paper certificates may, but are not required to, contact the Company's transfer agent, Continental Stock Transfer & Trust Company, regarding the procedures for exchanging their certificates.
About KIDZ AI
KIDZ AI Inc. (NASDAQ:KIDZ)(NASDAQ:KIDZW) is an AI-driven education technology company developing proprietary learning systems that combine artificial intelligence, AI agents and robotics. The Company is also pursuing opportunities in AI compute infrastructure, GPU cloud platforms and related data-center ecosystems.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements include statements regarding the timing and effectiveness of the Reverse Stock Split, the anticipated commencement of split-adjusted trading, the expected effect of the Reverse Stock Split on the market price of the Company's Class B common stock, and the Company's ability to comply with Nasdaq's continued listing requirements. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including risks described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement except as required by applicable law.
Contacts
KIDZ AI Inc.
ir@kidzai.com
800-345-9588
SOURCE: Classover Holdings Inc.
View the original press release on ACCESS Newswire
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