other material
confidence high
sentiment neutral
materiality 0.65
Smith Micro stockholders approve 1:5 reverse stock split effective June 4, 2026
SMITH MICRO SOFTWARE, INC.
- Stockholders approved reverse stock split ratio range (1:3 to 1:10); Board set final ratio at 1:5.
- Reverse split effective 11:59 PM ET June 4, 2026; trading on Nasdaq under SMSI on split-adjusted basis June 5.
- No fractional shares; each fractional share rounded up; new CUSIP 832154504.
- Annual meeting: Huffmyer and Smith re-elected; SingerLewak ratified; equity plan and two warrant issuances approved.