Getty Images Pursues Reverse Split to Avert NYSE Delisting

summarizeSummary

Getty Images is seeking shareholder approval for a reverse stock split to regain NYSE listing compliance and to expand its equity compensation plans.

check_boxKey Events · Corporate Governance and Compliance · GETY

• Reverse Stock Split Proposed

  The board seeks approval for a 1-for-5 to 1-for-20 reverse split to raise the share price above the NYSE's $1.00 minimum bid requirement.

• NYSE Non-Compliance Notice

  On March 17, 2026, the company received notice that its average closing price fell below $1.00 over 30 consecutive trading days.

• Equity Plan Share Increases

  A proposal would add 42,101,848 shares to the 2022 Equity Incentive Plan and 4,210,185 shares to the 2022 Employee Stock Purchase Plan.

• Annual Meeting Scheduled

  Stockholders will vote on the proposals at the virtual annual meeting on October 8, 2026, with a record date of August 17, 2026.

auto_awesomeAnalysis · GETY · Trade & Services

To lift its share price above the NYSE's $1.00 minimum bid requirement, Getty Images is asking shareholders to approve a reverse stock split of up to 1-for-20. The company received a non-compliance notice on March 17, 2026, and its stock now trades at $0.3165. Without the split, delisting to the OTC market is likely, which would reduce liquidity and institutional access. The proxy also seeks approval to add 42.1 million shares to its equity incentive plan and 4.2 million shares to its employee stock purchase plan, increasing potential dilution. These proposals come amid a sharp Q2 miss, withdrawn guidance, and a terminated Shutterstock merger, underscoring the company's financial distress.