Leslie's executes 1-for-20 reverse stock split; shares outstanding drop to ~9.3M

Leslie's, Inc.

Reverse stock split effective Sept 26, 2025; adjusted trading begins Sept 29 on Nasdaq under LESL.
Each 20 pre-split shares combined into 1 share; outstanding shares reduced to approx 9,289,790.
Authorized shares reduced to 50,000,000; par value unchanged at $0.001 per share.
No fractional shares issued; aggregated fractional shares sold and proceeds distributed pro rata.
Equity awards under 2020 Omnibus Incentive Plan proportionately adjusted for split.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Leslie's, Inc.: Filed certificate of amendment to effect a 1-for-20 reverse stock split and proportionately decrease authorized shares of common stock, effective September 26, 2025 (effective 2025-09-26).

Change: charter amendment
Effective: 2025-09-26

Exact text from the filing

On September 26, 2025, Leslie’s, Inc. (the “Company”) filed a certificate of amendment to the Company’s Seventh Amended and Restated Certificate of Incorporation (the “Certificate of Amendment”) with the Secretary of State of the State of Delaware to effect a reverse stock split of the Company’s common stock at a ratio of 1-for-20 (the “Reverse Stock Split”) and proportionately decrease the number of authorized shares of the Company’s common stock, which became effective upon filing (the “Effective Time”).

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Leslie's, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-221843

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