American Bitcoin Corp. has completed a 1-for-15 reverse stock split of its Class A and Class B common stock, effective July 2, 2026. The action is primarily intended to increase the per-share price to maintain compliance with Nasdaq's minimum bid price requirement. The company's Class A common stock began trading on a split-adjusted basis on July 6, 2026.

Key Details

  • Split Ratio & Effective Date: The reverse stock split was executed at a 1-for-15 ratio and became effective on July 2, 2026.
  • Trading Information: The Class A common stock began trading on a split-adjusted basis on July 6, 2026, under the existing ticker "ABTC" but with a new CUSIP number (02462A 203).
  • Impact on Share Count: The total number of issued shares was reduced from approximately 1.09 billion to approximately 73 million. The number of authorized shares was not affected by the split.