Classover Holdings approves 1-for-10 reverse stock split to maintain Nasdaq listing

Filed June 4, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• high

  Board approved 1-for-10 reverse stock split effective June 8, 2026, reducing authorized Class A shares from 1M to 100K and Class B from 40M to 4M. Every 10 shares will become 1 share.

  Item 5.03 verify on EDGAR →
• high

  Reverse split aims to boost stock price above Nasdaq's $1.00 minimum bid requirement, indicating the stock has been trading below this threshold and faces delisting risk.

  Item 5.03 verify on EDGAR →
• medium

  All warrants will be adjusted proportionally: shares convertible divided by 10, exercise price multiplied by 10. Convertible preferred stock and notes also adjusted per their terms.

  Item 5.03 verify on EDGAR →