Solo Brands implements 1-for-40 reverse stock split to pursue NYSE relisting

Solo Brands, Inc.

Reverse stock split effective 5:00 p.m. ET July 8, 2025; shares trade on OTC Pink on split-adjusted basis July 9.
Every 40 shares of Class A and Class B common stock combined into 1 share; fractional shares paid in cash.
Reverse split aims to restore compliance with NYSE listing standards; no guarantee of success.
Stock currently quoted on OTC Pink under symbol DTCB after NYSE suspension and appeal pending.
Board approved split after stockholder approval at May 23, 2025 annual meeting.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Solo Brands, Inc.: Certificate of Amendment filed to implement a 1-for-40 reverse stock split of Common Stock (effective 2025-07-08).

Change: charter amendment
Effective: 2025-07-08

Exact text from the filing

On July 8, 2025, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Amended and Restated Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware to effect the Reverse Stock Split.

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Solo Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001870600-25-000083

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