The reclassification will take effect at 5:00 p.m. on July 2, with split-adjusted trading commencing when markets open on July 6. The consolidation will reduce the total number of issued shares from approximately 1.09 billion to roughly 73 million. The adjustment applies to both Class A and Class B common stock, while the number of authorized shares and the par value per share remain unchanged.
American Bitcoin Corp. Sets 1-for-15 Reverse Stock Split
American Bitcoin Corp. will consolidate its common stock in a 1-for-15 reverse split effective July 2, 2026. The move aims to boost the company’s per-share price, ensuring it maintains compliance with the minimum bid requirements necessary to remain listed on The Nasdaq Capital Market under the ticker ABTC.
Stockholders are not required to take any action, as adjustments for brokerage accounts will occur automatically. Continental Stock Transfer & Trust Company will manage the process, including cash payments for fractional shares. The board of directors finalized the 1-for-15 ratio following authorization from shareholders during the annual meeting held on June 22, 2026.
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