PLAYSTUDIOS plans 1-for-10 reverse stock split
The split is intended to support efforts to regain Nasdaq’s $1.00 minimum bid price requirement; repurchases totaled approximately 4.3 million shares through September 24.
Rhea-AI Filing Summary
PLAYSTUDIOS, Inc. (MYPS) said it will effect a 1-for-10 reverse stock split of its Class A and Class B common stock at 5:00 p.m. Eastern Time on September 30, 2026. Class A shares are expected to begin split-adjusted trading on October 1, 2026. The split will not change the authorized share counts, par value, or relative voting rights. Cash in lieu of fractional shares will equal the fraction multiplied by the official September 30 closing price, as adjusted for the split.
Through September 24, 2026, the company repurchased approximately 4.3 million Class A shares for an aggregate purchase price of $3.0 million, or approximately $0.71 per share, in open-market transactions under its existing Rule 10b5-1 share repurchase plan. The company said the split is being implemented to support efforts to regain compliance with Nasdaq’s $1.00 minimum bid price requirement for continued listing.
Positive
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Negative
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Filing Explained
At the scheduled
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Reverse stock split ratio: 1-for-10
Class A shares repurchased: Approximately 4.3 million shares
Aggregate purchase price: $3.0 million
+2 more
5 metrics
Reverse stock split ratio
1-for-10
Applies to Class A and Class B common stock
Class A shares repurchased
Approximately 4.3 million shares
Third quarter of 2026 through September 24, 2026
Aggregate purchase price
$3.0 million
Repurchases through September 24, 2026
Average repurchase price
Approximately $0.71 per share
Open-market repurchases through September 24, 2026
Minimum bid price requirement
$1.00
Nasdaq continued listing requirement the split is intended to help the company regain compliance with
Key Terms
reverse stock split, Rule 10b5-1 share repurchase plan, cash in lieu of the fractional share, split-adjusted basis
4 terms
reverse stock split technical
"will effect a 1-for-10 reverse stock split"
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.
split-adjusted basis technical
"begin trading on a split-adjusted basis"
An adjustment to historical share prices and share counts that reflects past stock splits or reverse splits so that old data lines up with the current number of shares. Think of it like resizing an old photograph so it matches a new frame: it keeps price charts, returns and per‑share metrics comparable over time, which matters to investors who need accurate performance, valuation and trend analysis.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When does MYPS’s reverse stock split take effect?
MYPS will effect its 1-for-10 reverse stock split at 5:00 p.m. Eastern Time on September 30, 2026. Class A shares are expected to begin trading on a split-adjusted basis at the opening on October 1, 2026. The split also applies to Class B common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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)
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Registrant's telephone number, including area code: (725 ) 877-7000
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(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):
Securities registered pursuant to Section 12(b) of the Act:
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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.
On September 24, 2026, PLAYSTUDIOS, Inc. (the “Company”) issued a press release announcing the effective date and split ratio of the Company’s previously announced reverse stock split. A copy of the press release is attached hereto as Exhibit 99.1.
The information in this Item 8.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits
(a)None
(b)None
(c)None
(d)Exhibits
| Exhibit Number | Description | |||||||
99.1 | Press release, dated September 24, 2026. | |||||||
| 101 | Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL | |||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) | |||||||
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: September 24, 2026
| PLAYSTUDIOS, Inc. | |||||||||||
| By: | /s/ Scott Peterson | ||||||||||
| Name: | Scott Peterson | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
Exhibit 99.1
PLAYSTUDIOS Announces 1-for-10 Reverse Stock Split and Provides an Update on Stock Repurchases
Class A Common Stock Expected to Begin Trading on a Split-Adjusted Basis on October 1, 2026
LAS VEGAS, September 24, 2026 – PLAYSTUDIOS, Inc. (Nasdaq: MYPS) (the “Company”) today announced that it will effect a 1-for-10 reverse stock split (the “Reverse Stock Split”) of its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), and Class B common stock, par value $0.0001 per share (the “Class B Common Stock” and, together with the Class A Common Stock, the “Common Stock”).
The Reverse Stock Split will become effective at 5:00 p.m. Eastern Time on September 30, 2026 (the “Effective Time”). The Company’s Class A Common Stock is expected to begin trading on a split-adjusted basis on The Nasdaq Capital Market at the opening of trading on October 1, 2026 under the existing ticker symbol “MYPS.”
The Company also announced that, during the third quarter of 2026 through September 24, it has repurchased approximately 4.3 million shares of Class A Common Stock for an aggregate purchase price of $3.0 million, or an average price of approximately $0.71 per share, in open-market transactions pursuant to its existing Rule 10b5-1 share repurchase plan. The Company continues to evaluate opportunities to return capital to stockholders, including through additional share repurchases under its existing authorization and other potential capital return initiatives.
At the Effective Time, every 10 shares of Class A Common Stock issued and outstanding immediately prior to the Effective Time will automatically be combined into one share of Class A Common Stock, and every 10 shares of Class B Common Stock issued and outstanding immediately prior to the Effective Time will automatically be combined into one share of Class B Common Stock. The Reverse Stock Split will not change the par value of the Common Stock or the number of authorized shares of Class A Common Stock or Class B Common Stock. The Reverse Stock Split will apply equally to both classes of Common Stock and will not change the relative voting rights of the holders of Class A Common Stock and Class B Common Stock.
No fractional shares will be issued in connection with the Reverse Stock Split. Stockholders who would otherwise be entitled to receive a fractional share will instead receive cash in lieu of the fractional share in an amount equal to the fraction multiplied by the official closing price of the Class A Common Stock on The Nasdaq Capital Market on September 30, 2026, as adjusted for the Reverse Stock Split.
Proportionate adjustments will be made, as applicable and in accordance with the terms of the Company’s equity plans, to the number of shares subject to outstanding equity awards, the applicable exercise prices of outstanding stock options, and the number of shares available for future issuance under the Company’s equity plans.
The Reverse Stock Split was approved by the Company’s stockholders at the Company’s 2026 Annual Meeting of Stockholders and is being implemented to support the Company’s efforts to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market.
Registered stockholders holding their shares electronically in book-entry form are not required to take any action to receive post-split shares or cash in lieu of fractional shares, if applicable. Stockholders who hold shares through a broker, bank or other nominee will have their positions adjusted to reflect the Reverse Stock Split and will receive cash in lieu of any fractional share interests through their broker, bank or other nominee, subject to the applicable intermediary's processing procedures. The new CUSIP number for the Class A Common Stock following the Reverse Stock Split will be 72815G306.
Continental Stock Transfer & Trust Company, the Company’s transfer agent, will act as the exchange agent for the Reverse Stock Split. Registered stockholders holding certificated shares will receive instructions regarding the exchange of their shares and should not submit their certificates until instructed to do so.
About PLAYSTUDIOS
PLAYSTUDIOS (Nasdaq: MYPS), creator of the groundbreaking myVIP loyalty program, is a publisher and developer of award-winning mobile games, including the iconic Tetris® mobile app, Tetris Block Party, Solitaire, Spider Solitaire,
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Sudoku, and its casino-style games such as POP! Slots, myVEGAS Slots, myVEGAS Blackjack, myKONAMI Slots, and myVEGAS Bingo. The myVIP loyalty platform offers its members the richest rewards in gaming and enables them to earn real-world rewards from a global collection of iconic hospitality, entertainment, and leisure brands. playAWARDS partners include MGM Resorts International, Norwegian Cruise Lines, Royal Caribbean Cruise Lines, Virgin Voyages, Topgolf, and Cirque du Soleil, among others. Founded by a team of veteran gaming, hospitality, and technology entrepreneurs, PLAYSTUDIOS apps combine the best elements of popular casual games with compelling real-world benefits. To learn more about PLAYSTUDIOS, visit playstudios.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected timing and implementation of the Reverse Stock Split, the expected commencement of trading on a split-adjusted basis, the Company’s efforts to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market, and the Company’s potential future share repurchases and other capital return initiatives. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that could cause actual results to differ materially include, among others, changes in market conditions, fluctuations in the market price of the Company’s Class A Common Stock, the Company’s ability to satisfy Nasdaq’s continued listing requirements, the availability of capital for future share repurchases and other capital return initiatives, and the other risks and uncertainties described in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
SOURCE: PLAYSTUDIOS, Inc.
| PLAYSTUDIOS CONTACTS | ||
| Investor Relations | ||
ir@playstudios.com | ||
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