Smith Micro Software approves 5-for-1 reverse stock split effective June 4, 2026

Smith Micro Software's Board and stockholders approved a Certificate of Amendment implementing a 5-for-1 reverse stock split of common stock, effective June 4, 2026 at 11:59 p.m. ET. The reverse split will reduce outstanding shares and applies to convertible securities, a common corporate restructuring action typically aimed at improving share price perception.