Lazydays Holdings Goes for a 1-for-30 Reverse Stock Split to Boost Share Prices

Lazydays Holdings Implements Reverse Stock Split

In a strategic move to strengthen its share price, Lazydays Holdings, Inc. (NasdaqCM: GORV) announced the implementation of a 1-for-30 reverse stock split which officially took effect on July 11, 2025. This decision was spurred by the need to comply with the minimum per share bid price requirement set by Nasdaq for continued listing.

What Does the Stock Split Entail?

On the effective date, the company's issued and outstanding shares of Common Stock, valued at $0.0001 per share, consolidated into one new share for every 30 shares held. This means that if you owned 30 shares before the split, you will now hold one share after the split. Notably, fractional shares will not be issued; instead, shareholders will receive adjustments to round their shares to the nearest whole number.

The split is a calculated effort to elevate the company's stock price, which has been below the threshold required by Nasdaq. The anticipated outcome is to bring Lazydays back into compliance with listing standards, projecting a more robust market position.

Details for Shareholders

Lazydays' transfer agent, Continental Stock Transfer & Trust Company, will facilitate the exchange process. For those shareholders holding shares in book-entry form, no action is needed to receive the post-reverse split shares. Additionally, any shareholders with stocks held in brokerage accounts will find their holdings automatically adjusted, based on each broker's processes.

For shareholders who possess physical stock certificates, they will receive a transmittal letter from the transfer agent with instructions on obtaining the adjusted shares in due course.

About Lazydays Holdings

Founded in 1976, Lazydays has established itself as a key player in the recreational vehicle (RV) sector, known for delivering outstanding RV sales, service, and ownership experiences. With a broad selection of RV brands and state-of-the-art service facilities, Lazydays caters to a wide range of customer needs. Their long-standing commitment to excellence has fostered deep-rooted relationships with RV enthusiasts and their families.

Despite the potential uncertainties that this reverse stock split might bring, Lazydays is optimistic about regaining compliance and enhancing shareholder value through this market adjustment. With their vast experience in the RV industry, the company continues to focus on providing comprehensive support and resources to make the RV lifestyle appealing to both seasoned travelers and newcomers.

Future Outlook

In light of ongoing market volatility and economic shifts, the company is mindful of the potential risks tied to forward-looking statements, such as future financial condition and operational results. Lazydays underscores the unpredictable nature of the industry, vowing to navigate challenges proactively and maintain transparency with stakeholders regarding their financial trajectory.

As the RV lifestyle continues to attract newer generations, Lazydays centers its efforts on enhancing customer satisfaction and exploring growth opportunities in the vibrant RV market. As they gear up for the long-term impacts of this stock split, the focus remains on aligning with the interests of shareholders and the broader RV community.