Verano Completes 1-for-5 Reverse Stock Split, Advancing the Company’s Path Towards Prospective U.S. Stock Exchange Listing
Verano Holdings completed a 1-for-5 reverse stock split effective June 11, 2026, reducing its issued share count from approximately 367.7 million to 73.9 million shares. The company simultaneously reduced its authorized shares from 5 billion to 1 billion to align with the new capital structure. This action is part of Verano’s strategy to pursue a future uplisting to a U.S. stock exchange, following its redomiciling to Nevada in November 2025.
Key figures
- Buyback shares
- 3643858
- Pre split shares
- 367690781
- Post split shares
- 73918135
- Reverse split ratio
- 1-for-5
- Authorized shares pre
- 5000000000
- Authorized shares post
- 1000000000
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