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materiality 0.50
KIDZ AI announces 1-for-15 reverse stock split effective Aug 13, 2026
Classover Holdings, Inc.
- Reverse split of Class A and B common stock at 1-for-15, effective 12:01 a.m. ET on Aug 13, 2026.
- Stockholders approved split range 1-for-2 to 1-for-50 on June 10, 2026; board set 1-for-15 on July 21.
- Split aims to boost per-share price to meet Nasdaq minimum bid price requirement; no assurance of compliance.
- Ticker remains 'KIDZ'; CUSIP changes from 182744300 to 182744409.
- Fractional shares rounded up; proportional adjustments to warrants, convertibles, and equity plans.