PLAYSTUDIOS, Inc. 8-K

What Happened
PLAYSTUDIOS, Inc. (NASDAQ: MYPS; warrants MYPSW) announced that Nasdaq approved the company’s transfer from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the open on May 6, 2026. The move follows a November 5, 2025 notice that PLAYSTUDIOS was out of compliance with Nasdaq’s $1.00 minimum bid price rule after its stock closed below $1.00 for 30 consecutive business days. The company had an initial 180‑day cure period that expired May 4, 2026 and did not regain compliance.

Key Details

• Nasdaq approved the transfer on May 5, 2026; the transfer becomes effective May 6, 2026 and trading of MYPS and MYPSW will continue uninterrupted.
• Nasdaq granted a second 180‑calendar‑day compliance period under Nasdaq Listing Rule 5550(a)(2), expiring November 2, 2026.
• To regain compliance the closing bid price must be at least $1.00 per share for 10 consecutive business days on or before November 2, 2026.
• PLAYSTUDIOS may cure the deficiency by a reverse stock split, if needed; any split must be completed no later than 10 business days before the November 2, 2026 deadline to allow Nasdaq to verify compliance.

Why It Matters
The company remains listed and its securities continue to trade, but PLAYSTUDIOS faces a deadline to restore its share price to meet Nasdaq’s minimum bid requirement. If it fails to meet the $1.00 threshold by November 2, 2026, Nasdaq could move to delist the securities (the company could appeal). Investors should watch the closing bid price, any announcements about a reverse stock split, and other actions the company might take to regain compliance.