PLAYSTUDIOS, Inc. creates and distributes free-to-play casual gaming titles. These games are designed for mobile and social media platforms, reaching a global audience that includes North America (specifically the United States) and various international regions. The company's main operational base is situated in Las Vegas, Nevada.
PLAYSTUDIOS Announces 1-for-10 Reverse Stock Split and Provides an Update on Stock Repurchases
PLAYSTUDIOS will effect a 1-for-10 reverse stock split of its Class A and Class B common stock, effective 5:00 p.m. ET on September 30, 2026, with split-adjusted trading beginning October 1, 2026 under the existing MYPS ticker.
The split was approved by stockholders and is explicitly intended to support regaining compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing.
Separately, the company repurchased roughly 4.3 million Class A shares for $3.0 million (average ~$0.71 per share) in Q3 through September 24 under its existing Rule 10b5-1 plan and says it continues to evaluate additional capital return options.