System1 Inc. $(SST)$ has implemented a reverse stock split, effective June 11, 2025, consolidating every 10 shares of its Class A and Class C Common Stock into one share. As a result, the number of outstanding Class A shares has been reduced from 79.8 million to 7.98 million, and Class C shares from 18.7 million to 1.87 million. The adjusted shares will begin trading on the NYSE on June 12, 2025, under the same trading symbol "SST," with a new CUSIP number of 87200P 208. The reverse split aims to comply with NYSE listing standards.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. System1 Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250611797981) on June 11, 2025, and is solely responsible for the information contained therein.