Business
Atari S A : Completes Reverse Stock Split
Atari S A : Completes Reverse Stock
About this update from Atari Sa
Atari Completes Reverse Stock Split Paris, France - May 5, 2026 - 8.00 am CET - Atari® (Euronext Growth Paris: ALATA, "Atari" or the "Company") - one of the world's most iconic consumer brands and interactive entertainment producers - announces the completion of the reverse stock split of the shares comprising its share capital (as announced on March 16, 2026). It is recalled that the reverse stock split is a purely technical exchange transaction with no direct impact on the amount of the share capital or the aggregate value of the shares of the Company held by each shareholder. Terms of the Reverse Stock Split The principal terms of the reverse stock split, as set out in detail in the reverse stock split notice published in the Bulletin des Annonces Légales Obligatoires (BALO) on March 16, 2026, are as follows: Basis of the reverse stock split: exchange of 200 existing shares with a par value of €0.01 each for 1 new share with a par value of €2.00. Final number of existing shares subject to the reverse stock split: 559,263,374 shares with a par value of €0.01 each, such number having been adjusted to take into account the exercise of rights or securities giving access to the share capital by their holders outside the period during which their exercise rights were suspended. Final number of new shares resulting from the reverse stock split: 2,796,316 shares with a par value of €2.00 each, such number having been adjusted to take into account the exercise of rights or securities giving access to the share capital by their holders outside the period during which their exercise rights were suspended. Centralization: the new shares resulting from the reverse stock split were admitted to trading on Euronext Growth Paris as from May 5, 2026, the first day of trading, under ISIN code FR00140173Y6. Shareholders who have not been able to obtain a number of existing shares that is a multiple of 200 will be compensated for their fractional rights by their financial intermediary within the applicable timeframe. Each shareholder is invited to contact their financial intermediary with any questions in this regard. The terms of adjustment of the exercise parity, and where applicable the exercise price, of the rights or securities giving access to the share capital of the Company will be the subject of a notice published in the Bulletin des Annonces Légales Obligatoires ...