Smith Micro executes 1-for-5 reverse stock split effective June 4, 2026

Filed May 26, 2026 · Period ending May 26, 2026 · ~1 min read

Key Changes

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  Every five shares will automatically combine into one share at 11:59 PM ET on June 4, 2026. Fractional shares will be rounded up to the nearest whole share. Trading begins split-adjusted June 5 under ticker SMSI with new CUSIP 832154504.

  Item 5.03: Reverse Split verify on EDGAR →
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  Stockholders approved warrant issuances from September and November 2025 financing agreements that could dilute existing shareholders by 20% or more. These approvals satisfy Nasdaq listing requirements for potentially dilutive warrant exercises.

  Item 5.07: Annual Meeting verify on EDGAR →
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  The reverse split aims to boost per-share price by reducing outstanding shares 80%. Companies typically use reverse splits to maintain exchange listing requirements or improve institutional investor appeal, though they don't change fundamental company value.

  Item 5.03: Reverse Split verify on EDGAR →