Vision Marine Technologies Announces Reverse Stock Split
Vision Marine Technologies approved a 1-for-10 reverse stock split effective August 26, 2026, reducing outstanding shares from approximately 6.53 million to 653,046. The primary objective of the split is to increase the per-share price to regain compliance with the Nasdaq Capital Market's $1.00 minimum bid requirement.
Key figures
- Pre split shares
- 6530460
- Post split shares
- 653046
- Reverse split ratio
- 1-for-10
AI analysis
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