Monitor trading post-split on September 28 to see if the stock maintains a bid above $1.00. The Nasdaq Hearing Panel date is pending; failure to sustain the bid price could still result in delisting.
Price Chart
Executive Summary
Brightline Interactive filed a Certificate of Change for a 1-for-8 reverse stock split effective September 28, 2026, to regain compliance with Nasdaq's minimum $1.00 bid price requirement. The company has appealed a Staff delisting determination and anticipates the split will moot the delisting at the Nasdaq Hearing Panel. No financial results or guidance were provided.
Key Facts
- 1-for-8 reverse stock split effective September 28, 2026
- Reverse split intended to regain compliance with Nasdaq Bid Price Requirement (minimum $1.00 bid)
- Company received Nasdaq deficiency notice on March 13, 2026 for bid price below $1.00 for 30 consecutive days
- Nasdaq issued Staff Determination to delist on September 11, 2026
- Company requested hearing to appeal delisting determination, which stayed the delisting
- Company anticipates regaining compliance before the Nasdaq Hearing Panel date
- No fractional shares will be issued; fractional shares rounded up to nearest whole share at DTC participant level
- Proportionate adjustments to warrants, options, and equity awards
Financial Impact
No financial figures provided; reverse stock split is a mechanical share consolidation with no change to proportional ownership or par value ($0.001 per share).
Risk Factors
- Reverse stock split may not sustain bid price above $1.00, leading to delisting
- Nasdaq Hearing Panel may not accept the compliance plan
- Reverse splits often signal financial distress and can lead to further price declines
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-043847 |
| Exhibit: ex99-1.htm | 0001493152-26-043847 |
| Document: 0001493152-26-043847-index-headers.html | 0001493152-26-043847 |
| Document: 0001493152-26-043847-index.html | 0001493152-26-043847 |
| Document: 0001493152-26-043847.txt | 0001493152-26-043847 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 2d ago | S-3 | $3.05 | awaiting T+1 | — | $2.94 (−3.44%) |
Oct 23, 2026 2d ago | 8-K | $3.05 | awaiting T+1 | — | $2.94 (−3.44%) |
Oct 14, 2026 12d ago | 8-K | $5.08 $5.03 | ▼ −0.98% | ▼ −1.27% | $2.94 (−42.03%) |
Oct 13, 2026 12d ago | 8-K | $5.08 $5.03 | ▼ −0.98% | ▼ −1.27% | $2.94 (−42.03%) |
Oct 1, 2026 25d ago | SC 13G | $4.84 $5.20 | ▲ +7.44% | ▲ +6.70% | $2.94 (−39.15%) |
Oct 1, 2026 25d ago | 8-K | $4.84 $5.20 | ▲ +7.44% | ▲ +6.70% | $2.94 (−39.15%) |
Sep 23, 2026 4w ago | 8-K | $0.6780 $0.6500 | ▲ +4.13% | ▲ +4.05% | $2.94 (−334.37%) |
US Market Status
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