Skillsoft announces 1-for-20 reverse stock split effective Sep 29; trading begins Oct 2

Skillsoft Corp.

Reverse stock split ratio of 1-for-20 approved by board; every 20 shares become 1 share.
Effective at 5:00 p.m. ET on Sep 29; split-adjusted trading starts Oct 2 under new CUSIP 83066P309.
Warrant exercise price adjusted to $230.00 per share (20 × $11.50); fractional shares paid in cash.
Intended to raise per-share price and attract broader institutional investors.
All outstanding options, RSUs, and warrants proportionately adjusted; no change in ownership percentages.

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