secwatch.observer — SEC 8-K summary
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Issuer:     PLAYSTUDIOS, Inc. (MYPS)
CIK:        0001823878
Form:       8-K
Filed at:   2026-09-25T00:00:36+00:00
Accession:  0001823878-26-000060
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

PLAYSTUDIOS sets 1-for-10 reverse split effective Sept 30 to regain Nasdaq $1 bid compliance
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- 1-for-10 reverse split of Class A and Class B common stock takes effect 5:00 p.m. ET Sept 30, 2026; MYPS begins trading split-adjusted Oct 1, 2026.
- Company says the split supports efforts to regain compliance with Nasdaq's $1.00 minimum bid price requirement; new Class A CUSIP is 72815G306.
- Q3 2026 through Sept 24: repurchased ~4.3 million Class A shares for $3.0 million, average ~$0.71 per share, under its existing Rule 10b5-1 plan.
- No fractional shares issued; holders get cash in lieu based on the Sept 30 Nasdaq closing price. Par value, authorized share counts and relative voting rights are unchanged.
- Equity award share counts and option exercise prices will be proportionately adjusted; Continental Stock Transfer & Trust is exchange agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823878/000182387826000060/0001823878-26-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823878/000182387826000060/myps-20260924.htm
  HTML page:      https://secwatch.observer/filing/0001823878-26-000060

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