Key Highlights

● PLAYSTUDIOS will combine every ten Class A shares into one, effective September 30, 2026 at 5:00 p.m. Eastern.

● Split-adjusted trading begins October 1, 2026 under the same MYPS ticker but a new CUSIP number.

● Fractional shares will be settled in cash based on the split-adjusted Nasdaq closing price on September 30, 2026.

● The same filing discloses a Q3 2026 buyback of about 4.3 million shares for roughly $3.0 million, near $0.71 per share.

PLAYSTUDIOS, Inc. (NASDAQ:MYPS), the Las Vegas-based mobile games company behind titles such as POP! Slots, disclosed in a Form 8-K filed September 25, 2026 that it will combine every ten shares of its Class A common stock into one, effective September 30, 2026 at 5:00 p.m. Eastern time. The move is designed to lift the company's stock price back above the $1.00 minimum required for continued listing on the Nasdaq Capital Market.

The Mechanics of the Split

According to the filing, the reverse split will take effect after the market close on September 30, 2026, and PLAYSTUDIOS' Class A common stock is expected to begin trading on a split-adjusted basis when the Nasdaq Capital Market opens on October 1, 2026, still under the ticker MYPS. The stock will trade under a new CUSIP number, 72815G306, following the split, a routine step that distinguishes the post-split shares from pre-split shares in clearing and settlement systems.

Stockholders who would otherwise hold a Fractional Share as a result of the 1-for-10 combination will not receive a fractional share certificate. Instead, the filing states that any fractional entitlement will be settled in cash, calculated as the fraction multiplied by the official Nasdaq closing price of PLAYSTUDIOS' Class A common stock on September 30, 2026, adjusted for the split. That approach is standard for reverse splits and avoids issuing odd-lot fractional shares to holders.

Why the Company Needs It

The filing states the split is intended 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. Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum closing bid price of $1.00 per share; a sustained shortfall typically triggers a deficiency notice and a compliance period, after which a company that has not regained compliance risks delisting. Consolidating shares reduces the outstanding share count and mechanically raises the per-share price, though it does not change the company's total Market Value or underlying Business performance.

The filing does not state when PLAYSTUDIOS originally received a bid-price deficiency notice from Nasdaq or how much time remained in its compliance period before it opted to pursue the reverse split, only that the action is meant to support the company's compliance efforts going forward.

A Buyback Alongside the Split

The same 8-K also discloses that PLAYSTUDIOS repurchased approximately 4.3 million shares of its Class A common stock during the third quarter of 2026 for a total of about $3.0 million, working out to roughly $0.71 per share on average. The filing reports this activity under Item 8.01, Other Events, alongside the reverse-split announcement, but does not describe the specific repurchase authorization under which the buyback was executed, how much capacity remains, or the board's rationale for buying back stock while the company simultaneously worked to fix a bid-price deficiency.

Buying back shares while a stock trades below $1.00 can be one way a company signals confidence in its own valuation, though it also reduces cash on hand; the filing does not disclose PLAYSTUDIOS' cash position following the repurchase.

What Isn't in the Filing

The 8-K does not disclose how many total shares will be outstanding after the consolidation, or include any description of the company's broader business strategy or recent operating results beyond the repurchase figures. PLAYSTUDIOS develops and operates free-to-play social casino and casual mobile games, monetized primarily through in-app purchases, and trades on Nasdaq as a small-capitalization gaming company.

Key Dates for the Split and Compliance Test

The reverse split becomes effective September 30, 2026 at 5:00 p.m. Eastern time. MYPS begins trading split-adjusted under new CUSIP 72815G306 on October 1, 2026. Whether the post-split price sustains compliance with Nasdaq's $1.00 minimum bid price rule over the required measurement period remains the key test ahead.