SPAR Group Proposes 1-for-5 Reverse Stock Split

SPAR Group, Inc. announced a Special Meeting of Stockholders on July 6, 2026, to vote on a proposal to effect a 1-for-5 reverse stock split. The primary purpose of the reverse stock split is to increase the per-share trading price of its common stock to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share and avoid potential delisting. The Board of Directors will have the discretion to implement the split at any time prior to July 6, 2027, if approved by stockholders.