Atari completes 200-for-1 reverse stock split, with 2,796,316 new shares trading from May 5

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Atari said on May 5, 2026 that it had completed the reverse stock split of its shares, exchanging 200 existing shares for 1 new share. In a reverse split a company swaps several old shares for one new one; here the par value, the nominal amount assigned to each share, went from €0.01 on an old share to €2.00 on a new one. The company gave final counts of 559,263,374 existing shares subject to the split and 2,796,316 new shares resulting from it. It said both counts were adjusted to take into account holders' exercise of rights or securities giving access to the share capital outside the period when exercise was suspended.1^,2^,3^,4^,5

The new shares were admitted to trading on Euronext Growth Paris on May 5, the first day of trading, under the ISIN code FR00140173Y6, the identifier of the new security. The company said shareholders whose number of existing shares was not a multiple of 200 would be compensated for their fractional rights by their financial intermediary. It said a notice in the Bulletin des Annonces Légales Obligatoires (BALO), the French bulletin of legal announcements, would cover how the exercise parity and, where applicable, the exercise price of rights or securities giving access to the share capital were to be adjusted.6^,7^,8

Atari announced the split on March 16, 2026, and it called the exchange purely technical, with no direct impact on the amount of the share capital or the aggregate value of the shares each shareholder held. The AMF lists the release as inside information, and the release itself says it contains information that qualifies, or may have qualified, as inside information under the EU market abuse regulation.2^,9^,10^,11

Atari is a publisher; the release gave its shares as listed on Euronext Growth Paris under the ticker ALATA and quoted on OTC Pink Current as PONGF. The company said in the release that it owned or managed more than 400 games and franchises, among them Asteroids, Centipede, Missile Command, Pong and RollerCoaster Tycoon, and it counted the developers Digital Eclipse and Nightdive Studios among its brands.12^,13^,14

Postgame holds the text of this one release, 7,042 characters on 2 pages in English, and the text we hold does not say why Atari carried out the split. Its disclaimers also refer to a contemplated conversion that the text we hold does not describe.15^,16