CarParts.com Finalizes 1-for-10 Reverse Stock Split to Maintain Nasdaq Listing

summarizeSummary

CarParts.com will implement a 1-for-10 reverse stock split on May 25, 2026, to comply with Nasdaq's minimum bid price requirement, with split-adjusted trading starting May 26, 2026.

check_boxKey Events

• Reverse Stock Split Finalized

  The company filed a Certificate of Amendment to effect a 1-for-10 reverse stock split, following shareholder approval on May 11, 2026.

• Effective Date Set

  The reverse stock split will be effective at 11:59 pm ET on May 25, 2026, with split-adjusted trading commencing upon market open on May 26, 2026.

• Nasdaq Compliance Measure

  This action is a direct response to the need to meet Nasdaq's minimum bid price requirement and avoid potential delisting, a concern previously disclosed.

• Share Count Adjustment

  Immediately after the split, approximately 8.06 million shares of common stock will be outstanding. Fractional shares will be rounded up to the nearest whole number.

auto_awesomeAnalysis

This filing confirms the execution of a 1-for-10 reverse stock split, effective May 25, 2026, with trading on a split-adjusted basis beginning May 26, 2026. This action is critical for CarParts.com to meet Nasdaq's minimum bid price requirement and avoid delisting, a risk highlighted in previous filings. While reverse splits are generally viewed negatively as a symptom of prior issues, successfully executing this measure is a necessary step to maintain market access and address compliance concerns.