Atari initiates a reverse stock merger

Atari, the iconic interactive entertainment brand, has announced a reverse stock split. This technical operation will convert 200 old shares, with a par value of €0.01, into one new share with a par value of €2. With 559,212,476 shares outstanding prior to the split, Atari aims to stabilize the number of shares and reduce share price volatility.

Effective May 5, 2026, this process will not affect the capital or the overall value of shares held by shareholders. Shareholders must adjust their portfolios to reach a multiple of 200 shares before May 4, 2026.

The terms specify that the new shares will offer voting rights, including double voting rights, depending on their statutes at the time of the merger.