Dividends & Buybacks ·
SkinHealth Systems executes 1-for-20 reverse stock split effective Oct 14 to regain Nasdaq compliance
SKINSkinHealth Systems Inc.
SkinHealth Systems Inc. executed a 1-for-20 reverse stock split of its Class A common stock, effective October 14, 2026. The action reduces outstanding shares from approximately 130.3 million to roughly 6.5 million and adjusts the conversion rate for its 7.95% Convertible Senior Secured Notes due 2028. Fractional shares are cashed out. The split aims to restore compliance with Nasdaq's $1.00 minimum bid price requirement. SkinHealth Systems is a global medical aesthetics company delivering clinically proven solutions, anchored by the Hydrafacial brand.