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.

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