Direct Digital Holdings Announces 4-to-1 Reverse Stock Split
Direct Digital Holdings (DRCT) announced a 4-to-1 reverse stock split to comply with Nasdaq's minimum bid price requirement. The split will reduce the number of outstanding shares of Class A and Class B common stock, with the new shares expected to trade on April 27, 2026. This follows a previous 55-to-1 reverse stock split in January 2026.
Tickers: $DRCT
Topics: corporate restructuring Nasdaq compliance reverse stock split