other material
confidence high
sentiment neutral
materiality 0.30
BRC Inc. completes 1-for-10 reverse stock split on Aug 21, 2026
BRC Inc.
- 1-for-10 reverse stock split of Class A and Class B common stock effective Aug 21, 2026.
- Class A shares begin split-adjusted trading on NYSE Aug 24, 2026 under symbol BRCC.
- New CUSIP for Class A common stock is 05601U204; fractional shares cash-settled.
- Class B fractional shares paid at $0.88/share, based on Aug 21 closing price of Class A.
- Board approved 1-for-10 ratio on Aug 7, 2026; previously approved range was 1-for-10 to 1-for-50.