SplitMay 21, 2026, 08:47 AM
CarParts.com Implements 1-for-10 Reverse Stock Split
AI Summary
CarParts.com, Inc. announced the implementation of a 1-for-10 reverse stock split, approved by stockholders on May 11, 2026. The Certificate of Amendment was filed on May 21, 2026, making the split effective at 11:59 pm ET on May 25, 2026. Shares will commence trading on a split-adjusted basis on the Nasdaq Capital Market at market open on May 26, 2026, resulting in approximately 8.06 million shares outstanding.
Key Highlights
- CarParts.com's 1-for-10 reverse stock split will be effective May 25, 2026, at 11:59 pm Eastern Time.
- Shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market on May 26, 2026.
- Approximately 8,057,806 shares of common stock will be issued and outstanding immediately after the split.
- Fractional shares will not be issued; instead, the number of shares will be rounded up to the next whole number.
- The common shares will trade under a new CUSIP number, 14427M206, effective May 26, 2026.
- All outstanding stock options, convertible notes, and other securities will be proportionally adjusted.
Price Impact
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