SkinHealth Systems approved a 1-for-20 reverse stock split effective October 14, 2026, to regain compliance with Nasdaq's $1 minimum bid price rule. The split will reduce outstanding shares from about 130.3 million to 6.5 million without changing total authorized shares or ownership percentages. Shares will trade under the same ticker "SKIN" on a split-adjusted basis. This move aims to maintain the company's Nasdaq listing and adjust convertible notes accordingly.
SkinHealth Systems announced a reverse stock split. For readers following the health sector, here is Pluang's market snapshot as of Oct 09, 2026 18:51 WIB: out of 128 priced health-sector US stocks, 71 rose and 49 fell. Notable movers include LFST at USD 11.72 with a 1-day change of -2.82%, TXG at USD 79.00 with +2.23%, and NUWE at USD 0.69 with +2.21%.
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