PSQ Holdings Announces 1-for-15 Reverse Stock Split to Regain NYSE Compliance

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-11
Category: business
Source: Minichart

PSQ Holdings, Inc. (NYSE: PSQH) announced a 1-for-15 reverse stock split of its Class A common stock, effective July 13, 2026. This corporate action is intended to help the company regain compliance with the NYSE's minimum share price requirement and meet FTSE Russell's $1.00 minimum closing price threshold for index eligibility. Shareholders will receive one new share for every 15 shares held, with cash paid in lieu of any fractional shares.

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