SkinHealth Systems: files 1-for-20 reverse stock split

What happened SkinHealth Systems Inc. announced that it filed a certificate of amendment to effect a 1-for-20 reverse stock split of its Class A common stock, effective at 12:00 a.m., Eastern Time, on Oct 14, 2026. The company reported that the common stock will begin trading on a post-split basis on the Nasdaq Capital Market as of the open of trading on Oct 14, 2026 and that the ticker symbol remains "SKIN". The company also filed a press release dated Oct 9, 2026 announcing the effective date, included as Exhibit 99.1.

Key details

• Reverse split ratio: 1-for-20, effective Oct 14, 2026 at 12:00 a.m., Eastern Time; common stock to trade post-split on Nasdaq as of the open on Oct 14, 2026; ticker remains "SKIN".
• No fractional shares will be issued; stockholders otherwise entitled to fractional shares will receive a cash payment in lieu.
• Administrators will adjust awards under the 2021 Incentive Award Plan and 2021 Employee Stock Purchase Plan to reflect the reverse split; the conversion rate of the company’s 7.95% Convertible Senior Secured Notes due 2028 was adjusted proportionately under the Indenture.
• Continental Stock Transfer & Trust Company will adjust registered stockholders’ book-entry accounts; new CUSIP for the common stock is 88331L306.

Why it may matter Item 5.03 (amendments to articles of incorporation) reports the certificate of amendment effecting the reverse stock split. Item 3.03 (material modification to rights of security holders) is reported to the extent required. Item 7.01 (Regulation FD disclosure) attaches the Oct 9, 2026 press release. The filing does not show why the insider traded or why the company acted.