Amaze Holdings said a 1-for-8 reverse stock split, effective July 27, 2026, restored its compliance with NYSE American continued listing standards, and that trading in its common stock resumed at the market open that day on a split-adjusted basis under the symbol AMZE.
A reverse split combines existing shares into a smaller number of shares at a higher nominal price. In this case, every eight shares became one. The move reduces the outstanding share count and lifts the quoted price proportionally; it does not change the value of a holder's stake or bring in new money.
Trading in the shares had been suspended ahead of the resumption. The company said in its release that it has regained compliance with all applicable continued listing standards on the exchange. The release does not identify which specific standard the company had fallen short of, nor does it give the pre- or post-split share count.
Amaze, based in Costa Mesa, California, describes itself as a creator-focused commerce platform. The announcement contains no financial figures — no revenue, cash balance or operating results — and no detail on the company's funding position following the split.
The one forward-looking item is brief: Amaze said it is evaluating all strategic options and intends to provide an update shortly. The release gives no indication of what those options might include or when the update would come.
Reverse splits used by small listed companies to satisfy a minimum-price requirement address the price test but not the underlying reasons a share price fell. Whether compliance holds depends on where the shares trade after the adjustment, something the company cannot control and did not comment on.
Separately, material published alongside the announcement points to two subsequent developments at the company: an update on a new creator monetization platform issued later the same day, and a leadership change announced on August 3, 2026, under which Joel Krutz was named interim chief executive officer and Michael Pruitt was named chairman of the board, with the existing board described as taking a more active role.
Source: GlobeNewswire
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