Dividends & Buybacks · · GlobeNewswire
Snail Announces 1-for-5 Reverse Stock Split to Regain Nasdaq Compliance
SNALSnail, Inc.
Snail announced a 1-for-5 reverse stock split of its Class A and Class B Common Stock to regain compliance with Nasdaq’s minimum bid price requirement. The split becomes effective at 11:59 p.m. ET on July 2, 2026, with split-adjusted trading beginning July 6, 2026. Outstanding shares will be reduced proportionally, and fractional shares will receive cash payments based on the average closing price over ten days preceding the effective time. Snail is a leading global independent developer and publisher of interactive digital entertainment.