Black Sky stock news
BlackSky Technology Inc. (NYSE: BKSY) announced on September 8, 2026, that its Board of Directors has approved a 1--for--8 reverse stock split of its Class A common stock. This strategic action is intended to increase the per--share market price of the common stock to satisfy the NYSE's continued listing requirement of a $1.00 minimum average closing price. The reverse stock split is scheduled to become effective at 11:59 p.m. ET on September 9, 2026, with split--adjusted trading expected to commence at the market open on September 10, 2026. Management noted that this action "is a necessary step to align our share structure with our long--term growth objectives" and will be a key topic during the company's Investor Day on September 25, 2026.