SkinHealth Systems Board Approves 1-for-20 Reverse Stock Split

Key Facts

1SkinHealth Systems' Board of Directors approved a 1-for-20 reverse stock split of its Class A common stock.

SkinHealth Systems' Board of Directors approved a 1-for-20 reverse stock split of its Class A common stock. GlobeNewswire reported that the company is implementing this measure to increase the per-share market price to meet Nasdaq's minimum bid price requirements for continued listing.

The reverse split is expected to reduce the number of outstanding shares from approximately 130.3 million to roughly 6.5 million based on figures from October 7, 2026. SKIN is scheduled to begin trading on a split-adjusted basis at the market open on October 14, 2026, while the conversion rates for the company's 7.95% Convertible Senior Secured Notes due 2028 will be adjusted proportionately.