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PLAYSTUDIOS (MYPS) wins shareholder backing for 1-for-10 to 1-for-30 reverse split

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(Moderate)
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Form Type
8-K

Rhea-AI Filing Summary

PLAYSTUDIOS, Inc. reported results of its 2026 annual stockholder meeting. Holders representing 89% of the voting power of common stock as of May 18, 2026 were present in person or by proxy, constituting a quorum.

Stockholders elected five directors to serve until the 2027 annual meeting, with each nominee receiving more votes for than withheld. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.

In addition, stockholders approved an amendment to the Certificate of Incorporation authorizing the board, in its discretion, to implement a reverse stock split of the company’s Class A and Class B common stock at a ratio between 1-for-10 and 1-for-30 at any time within 12 months following the 2026 annual meeting, without further stockholder approval.

Positive

  • None.

Negative

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Insights

Shareholders backed all proposals, including flexible reverse split authority.

Stockholders of PLAYSTUDIOS supported the full slate of directors and the continued engagement of Deloitte & Touche LLP, signaling broad approval of current governance and audit arrangements. Turnout was high, with 89% of voting power represented as of the May 18, 2026 record date.

The key business item is authorization for the board to effect a reverse stock split of Class A and Class B shares at ratios from 1-for-10 to 1-for-30, any time within 12 months after the 2026 annual meeting. This does not itself change share count yet, but gives the board flexibility to adjust the share price or share structure subject to that range.

Because no specific ratio or timing is set beyond the disclosed 12‑month window, the impact depends on if and when the board chooses to implement a split and at what level within the approved range.

Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Voting power represented 89% Voting power of PLAYSTUDIOS common stock represented at the 2026 annual meeting as of May 18, 2026 record date
Reverse split ratio range 1-for-10 to 1-for-30 Authorized range for reverse stock split of Class A and Class B common stock
Reverse split authorization period 12 months Board may implement the approved reverse stock split within 12 months following the 2026 annual meeting
Votes for auditor ratification 391,220,902 Votes for ratifying Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2026
Votes for reverse stock split amendment 391,823,940 Votes for approval of amendment authorizing reverse stock split of common stock
Fiscal year end December 31, 2026 Fiscal year end for which Deloitte & Touche LLP was ratified as independent auditor
reverse stock split financial
"to effect a reverse stock split of the Company's Class A common stock and Class B common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Certificate of Incorporation regulatory
"approval of an amendment to the Company's Certificate of Incorporation to authorize the Board"
A certificate of incorporation is an official government document that creates a corporation and records key facts such as its legal name, basic governance structure, and stock authorization—think of it as a company's birth certificate plus its basic rulebook. Investors care because it establishes the company’s legal existence, limits owners’ personal liability, and sets the framework for issuing shares and enforcing shareholder rights, which affects ownership, control and the company’s ability to raise capital.
independent registered public accounting firm financial
"as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"Votes For | Votes Withheld | Broker Non-Votes Andrew Pascal | 355,459,580"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
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FAQ

What did PLAYSTUDIOS (MYPS) stockholders approve at the 2026 annual meeting?
Stockholders approved all three proposals: election of five directors, ratification of Deloitte & Touche LLP as auditor for fiscal 2026, and an amendment authorizing a reverse stock split at a 1-for-10 to 1-for-30 ratio.

How many PLAYSTUDIOS (MYPS) shares were represented at the 2026 annual meeting?
Holders representing 89% of the voting power of PLAYSTUDIOS common stock, as of the May 18, 2026 record date, were present in person or by proxy, establishing a quorum to transact business.

What reverse stock split did PLAYSTUDIOS (MYPS) shareholders authorize?
Shareholders approved an amendment authorizing the board, in its discretion, to implement a reverse stock split of Class A and Class B common stock at ratios between 1-for-10 and 1-for-30 within 12 months after the 2026 annual meeting.

Who is PLAYSTUDIOS (MYPS) independent auditor for fiscal year 2026?
Stockholders ratified Deloitte & Touche LLP as PLAYSTUDIOS’ independent registered public accounting firm for the fiscal year ending December 31, 2026, with 391,220,902 votes for, 1,209,271 against, and 15,417 abstentions.

How did PLAYSTUDIOS (MYPS) director nominees fare in the 2026 vote?
All five nominees—Andrew Pascal, Jason Krikorian, Joe Horowitz, Judy K. Mencher, and Steven J. Zanella—were elected, each receiving more votes for than withheld and broker non-votes recorded on the proposal.

Over what period can PLAYSTUDIOS (MYPS) implement the approved reverse split?
The board may implement a reverse stock split of Class A and Class B common stock at an approved 1-for-10 to 1-for-30 ratio at any time within 12 months following the 2026 annual meeting, without further stockholder authorization.
0001823878FALSENasdaq10150 Covington Cross DriveLas VegasNevada00018238782026-07-102026-07-10

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

July 10, 2026
Date of Report (date of earliest event reported)
PLAYSTUDIOS, Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-39652
88-1802794
(State or other jurisdiction of incorporation or organization)
(Commission File Number)
(I.R.S. Employer Identification No.)
10150 Covington Cross Drive, Las Vegas, Nevada
89144
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number, including area code: (725) 877-7000

Not applicable
(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 (see General Instruction A.2. below):

☐ 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 classTrading Symbol(s)Name of each exchange on which registered
Class A common stockMYPS
The Nasdaq Capital 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 5.07    Submission of Matters to a Vote of Security Holders.

The Company’s stockholders voted on the three proposals described below at the Annual Meeting. Additional information regarding the proposals is contained in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on May 29, 2026. Present at the Annual Meeting in person or by proxy were holders representing 89% of the voting power of the shares of common stock of the Company as of the close of business on May 18, 2026, the record date for the Annual Meeting, and constituting a quorum for the transaction of business.

Stockholders of the Company voted on the following proposals at the Annual Meeting:

Proposal 1: Election of five directors to serve until the 2027 annual meeting of stockholders;

Proposal 2: Ratification of the appointment of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026; and.

Proposal 3: Approval of an amendment to the Company's Certificate of Incorporation to authorize the Board of Directors, in its discretion, to effect a reverse stock split of the Company's common stock at a ratio ranging from 1-for-10 to 1-for-30.
The final voting results for each proposal were as follows:

Proposal 1: Election of Directors

All of the nominees for director listed in Proposal 1 in the Company’s Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on May 29, 2026, were elected by the Company’s stockholders to serve on the Company’s board of directors until the 2027 Annual Meeting of Stockholders or until his or her successor is elected and qualified, by the following vote:

NomineeVotes ForVotes WithheldBroker Non-Votes
Andrew Pascal355,459,58010,535,54626,450,465
Jason Krikorian349,257,42016,737,70626,450,465
Joe Horowitz359,080,9706,914,15626,450,465
Judy K. Mencher354,335,80611,659,32026,450,465
Steven J. Zanella365,013,163981,96326,450,465

Based on the votes set forth above, each director nominee was duly elected to serve until the 2027 Annual Meeting of Stockholders and until such director’s successor is duly elected and qualified.

Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm

The proposal to ratify the Audit Committee’s appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was approved by the Company’s stockholders by the following vote:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
391,220,9021,209,27115,4171

Based on the votes set forth above, shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.



Proposal 3: Approval of Amendment to Certificate of Incorporation to Authorize Reverse Stock Split

The proposal to approve an amendment to the Company's Certificate of Incorporation to authorize the Board of Directors, in its discretion, to effect a reverse stock split of the Company's Class A common stock and Class B common stock at a ratio ranging from 1-for-10 to 1-for-30:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
391,823,940610,09611,555—

Based on the voting results set forth above, the Company's stockholders approved the amendment to the Company's Certificate of Incorporation authorizing the Board of Directors, in its discretion, to effect a reverse stock split of the Company's Class A common stock and Class B common stock at a ratio ranging from 1-for-10 to 1-for-30 at any time within 12 months following the 2026 Annual Meeting of Stockholders, without further approval or authorization of the Company's stockholders.



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.
Dated: July 10, 2026
PLAYSTUDIOS, Inc.
By:/s/ Scott Peterson
Name:Scott Peterson
Title:Chief Financial Officer

Source: View Original Filing on SEC EDGAR

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