other material
confidence high
sentiment positive
materiality 0.60
PSQ Holdings announces 1-for-15 reverse stock split effective July 13, 2026
PSQ Holdings, Inc.
- Reverse stock split ratio 1-for-15, effective at 12:01 a.m. ET on July 13, 2026.
- Outstanding Class A shares reduced from ~50.3M to ~3.4M; no fractional shares issued.
- Warrants adjusted: each whole warrant now exercisable for 1/15 share at $172.50.
- Split intended to regain NYSE minimum bid price compliance and potentially qualify for Russell US index eligibility.
- Stockholders also approved Amended and Restated 2023 Stock Incentive Plan, adding 1M authorized shares.