regulatory
confidence high
sentiment neutral
materiality 0.75
Brightline Interactive announces 1-for-8 reverse stock split to regain Nasdaq bid price compliance
Glimpse Group, Inc.
- 1-for-8 reverse stock split effective 12:01 a.m. ET on Sept 28, 2026; shares trade on Nasdaq under BTLN.
- New CUSIP 37892C205; par value unchanged at $0.001; fractional shares rounded up at DTC level.
- Reverse split targets regaining compliance with Nasdaq's $1.00 bid price rule after delisting notice on 9/11/2026.
- Company filed appeal of Staff Determination; expects to regain compliance before Nasdaq Hearing Panel and moot delisting.
- Proportionate adjustments to warrants, options, and equity awards under incentive plan.