CAMARILLO, Calif., April  27, 2026  (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC:QBAK) (the &#34;Company&#34; or &#34;Qualstar&#34;), a trusted provider of scalable data storage and high-efficiency power solutions, announced that the

QBAK

Company's 3-for-1 Stock Split Cleared by FINRA for OTC Markets Trading

Qualstar Corporation's Stock Split Approved by FINRA with Ex-Date Approaching

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>CAMARILLO, Calif., April  27, 2026  (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC:QBAK) (the &amp;#34;Company&amp;#34; or &amp;#34;Qualstar&amp;#34;), a trusted provider of scalable data storage and high-efficiency power solutions, announced that the</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Qualstar Corporation received FINRA approval for a 3-for-1 forward stock split, effective April 28, 2026. This move may enhance liquidity and attract investor interest, potentially impacting stock performance positively in the near term.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Qualstar&#039;s 3-for-1 forward stock split is approved by FINRA.</li><li>Ex-date for the split is set for April 28, 2026.</li><li>Qualstar offers scalable, energy-efficient digital storage solutions.</li><li>The company emphasizes independence from proprietary software lock-in.</li><li>Shares have historically trended positively post-split announcements.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Qualstar Corporation (QBAK)</strong>: Qualstar&#039;s stock split may enhance liquidity and investor interest.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under &#039;Corporate Developments&#039; due to the significant stock split announcement, which can affect market perception and trading behavior.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The stock split enhances liquidity, likely attracting new investors.</li><li>Improved perception of share value may drive price appreciation.</li><li>Forward-looking statements indicate potential for new product developments.</li><li>Recent sales and operational strategies could improve fundamentals post-split.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>QUALSTAR approved a 3-for-1 stock split on April 27, 2026.</li><li>Ex-date for the split is April 28, 2026.</li><li>Qualstar has over 35,000 units sold globally.</li><li>Founded in 1984, the company focuses on digital storage solutions.</li><li>Qualstar is the last independent manufacturer of tape libraries.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy QBAK ahead of the stock split, expecting increased liquidity and higher demand.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="left">CAMARILLO, Calif., April  27, 2026  (GLOBE NEWSWIRE) -- <strong>Qualstar Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/quote/QBAK">QBAK</a>) </strong>(the "Company" or "Qualstar")<strong>, </strong>a trusted provider of scalable data storage and high-efficiency power solutions, announced that the Financial Industry Regulatory Authority ("FINRA") has completed its review of the Company's 3-for-1 forward stock split and cleared the split to be reflected in trading on the OTC Markets.</p>  <p align="left">The ex-date, which is the date that the split will be reflected in shareholder brokerage accounts, is April 28, 2026.</p>  <p align="left"><strong>ABOUT</strong> <strong>QUALSTAR</strong></p>  <p align="left">Founded in California in 1984, Qualstar Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/quote/QBAK">QBAK</a>) is a trusted provider of digital storage solutions with more than 35,000 units sold worldwide. The company designs and manufactures scalable, energy-efficient tape libraries that safeguard critical, infrequently accessed data for long-term preservation. As the last independent tape library manufacturer, Qualstar provides customers with flexibility free from proprietary software lock-in or slot licensing fees and delivers faster turnaround times than many larger competitors. Backed by over four decades of innovation and a strong installed base, Qualstar has earned a reputation for reliability in serving organizations across a wide range of data-intensive industries.</p>  <p align="left"><strong>SAFE</strong> <strong>HARBOR /</strong> <strong>FORWARD-LOOKING</strong> <strong>STATEMENTS</strong></p>  <p align="left">This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the timing of the stock split on the OTC Markets, and are generally identified by phrases such as "thinks," "anticipates," "believes," "estimates," "expects," "intends," "plans," and similar words. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. These statements are based upon, among other things, assumptions made by, and information currently available to, management, including management's own knowledge and assessment of Qualstar's industry, R&amp;D initiatives, competition and capital requirements. Other factors and uncertainties that could affect the Qualstar's forward-looking statements include, among other things, the following: our ability to develop and commercialize new products; industry and customer adoption and acceptance of our new products; our ability to increase sales of our products; the rescheduling or cancellation of customer orders; unexpected shortages of critical components; unexpected product design or quality problems; adverse changes in market demand for our products; increased competition and pricing pressure on our products; a decrease in the quality and/or reliability of our products; protection of our proprietary intellectual property; competition by alternative sophisticated as well as generic products; continued availability of raw materials for our products at competitive prices; disruptions in our manufacturing facilities; risks of international sales and operations including fluctuations in exchange rates; compliance with regulatory requirements applicable to our manufacturing operations; and customer concentrations. Qualstar undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</p>  <p align="left"><strong>FOR</strong> <strong>MORE</strong> <strong>INFORMATION</strong><br></br>Qualstar Corporation <br></br><em>Investor Relations </em><br></br><a href="https://www.globenewswire.com/Tracker?data=ZpXiOgXe45nAgodJfnabAAYcc0qMWGnglyT_vY5CgmZWqu7rtu_Hc_zI5nftUqX9PlPCPbZpRs8S-ryNZWf9SVmTcjCrDU6C8oJPkGl5Xn8=" rel="nofollow" target="_blank"><em><u>QBAK@Qualstar.com</u></em></a> <br></br><em>805-312-9444</em></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcwNzcyMiM3NTY4MTMyIzIwMDczNTE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MGM0N2RlYmQtZWZlZC00OWIyLTkwZGItYmU5N2YyNTU1OTI1LTEwMTg5MjQtMjAyNi0wNC0yNy1lbg==/tiny/QUALSTAR.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/88601b62-a23b-403f-ad04-0e390c208054"><img src="https://ml.globenewswire.com/media/88601b62-a23b-403f-ad04-0e390c208054/small/qualstar-png.png" border="0" width="150" height="32" alt="Primary Logo"></img></a></p>

Qualstar Corporation received FINRA approval for a 3-for-1 forward stock split, effective April 28, 2026. This move may enhance liquidity and attract investor interest, potentially impacting stock performance positively in the near term.

Company's 3-for-1 Stock Split Cleared by FINRA for OTC Markets Trading

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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