PLAYSTUDIOS Sets 1-for-10 Reverse Split Effective Sept 30; Repurchased 4.3M Shares in Q3
MYPS is trading near its 52-week low of $0.402 (9.1% above the low).
Summary
PLAYSTUDIOS announced its 1-for-10 reverse stock split will take effect September 30, 2026, with split-adjusted trading beginning October 1. The company also repurchased 4.3 million shares for $3.0 million in Q3 2026.
Key Events · Corporate Governance and Compliance · MYPS
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Reverse Split Effective September 30
1-for-10 reverse split of Class A and Class B common stock becomes effective at 5:00 p.m. ET on September 30, 2026; split-adjusted trading expected to begin October 1 under ticker MYPS.
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Nasdaq Compliance Effort
The reverse split is being implemented to regain compliance with Nasdaq's $1.00 minimum bid price requirement, following shareholder approval in July 2026.
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Q3 Share Repurchases
Through September 24, 2026, the company repurchased approximately 4.3 million Class A shares for $3.0 million, an average price of $0.71 per share, under its existing Rule 10b5-1 plan.
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New CUSIP and Fractional Share Treatment
New CUSIP for Class A common stock is 72815G306; fractional shares will be settled in cash based on the September 30 closing price as adjusted for the split.
Analysis · MYPS · Technology
PLAYSTUDIOS confirmed the maximum 1-for-10 reverse split approved by shareholders in July, with the split effective September 30 and split-adjusted trading starting October 1. The move is aimed at regaining Nasdaq's $1.00 minimum bid price requirement. The company also disclosed it repurchased 4.3 million shares for $3.0 million in Q3 through September 24, an average of $0.71 per share — a notable capital return given the stock trades at $0.4384 today. The reverse split mechanically reduces the share count tenfold, which should lift the per-share price above $1 if the market holds current levels, but it does not change the company's underlying fundamentals or the recent operational struggles.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1661 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MYPS was trading at $0.44 on NASDAQ in the Technology sector, with a market capitalization of approximately $53.6M. The 52-week trading range was $0.40 to $1.07. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.