Leslie's (NASDAQ: LESL) shifts 1-for-20 reverse stock split dates

Rhea-AI Filing Summary

Leslie’s, Inc. reports an updated timeline for its previously approved 1-for-20 reverse stock split of its common stock, which also includes a proportionate reduction in authorized shares. The company now expects the reverse split to become effective after the close of trading on September 26, 2025. The common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Global Select Market at the open of trading on September 29, 2025.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 17, 2025

LESLIE’S, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware			001-39667	20-8397425
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
2005 East Indian School Road
Phoenix, Arizona				85016
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (602) 366-3999

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.001 per share		LESL		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

As previously announced, following shareholder approval, the Board of Directors of Leslie’s, Inc. (the “Company”) approved a reverse stock split of the Company’s common stock at a ratio of 1-for-20 and a proportionate decrease in the number of authorized shares of the Company’s common stock (the “Reverse Stock Split”). The effective time of the Reverse Stock Split was originally expected to occur after the close of trading on September 25, 2025.

The Company now expects the effective time to be after the close of trading on September 26, 2025, and the Company’s common stock to commence trading on a split-adjusted basis on the Nasdaq Global Select Market at the open of trading on September 29, 2025.

For additional information regarding the Reverse Stock Split, including the implementation thereof and the treatment of fractional shares, please see the Company’s Current Report on Form 8-K filed on September 15, 2025.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			Leslie's Inc.
Date:	September 17, 2025	By:	/s/ Benjamin Lindquist
			Benjamin Lindquist Senior Vice President, General Counsel & Corporate Secretary

FAQ

What corporate action did Leslie's (LESL) describe in this 8-K?

Leslie’s, Inc. described the timing for a previously approved 1-for-20 reverse stock split of its common stock and a proportionate decrease in authorized shares.

What is the reverse stock split ratio for Leslie's (LESL)?

The Board of Directors approved a reverse stock split of Leslie’s common stock at a 1-for-20 ratio.

When will Leslie's reverse stock split become effective?

Leslie’s expects the effective time of the reverse stock split to be after the close of trading on September 26, 2025.

When will Leslie's (LESL) begin trading on a split-adjusted basis?

Leslie’s common stock is expected to begin trading on a split-adjusted basis on the Nasdaq Global Select Market at the open of trading on September 29, 2025.

Did shareholders approve Leslie's reverse stock split?

Yes. The reverse stock split was approved by the shareholders, after which the Board of Directors approved the 1-for-20 split and related authorized share decrease.

Where can investors find more details on Leslie's reverse stock split?

The company refers investors to a prior filing dated September 15, 2025 for additional information on implementation and the treatment of fractional shares.