VisionWave Holdings, Inc. Announces 1-for-20 Reverse Stock Split Effective September 22, 2026
VisionWave Holdings will effect a 1-for-20 reverse stock split effective at 12:01 a.m. ET on September 22, 2026, cutting shares outstanding from roughly 47.5 million to about 2.4 million while the stock continues trading as VWAV. The stated purpose is to raise the per-share trading price to maintain compliance with Nasdaq's $1.00 minimum bid price requirement under Listing Rule 5450(a)(1); stockholders authorized ratios up to 1-for-250 on September 1, and the board set 1-for-20 two days later.
Key figures
- New cusip
- 927950204
- Par value
- $0.01 per share
- Effective date
- 2026-09-22 12:01 a.m. ET
- Reverse split ratio
- 1-for-20
- Authorized common shares
- 150000000
- Authorized preferred shares
- 10000000
- Pre split shares outstanding
- approximately 47.5 million
- Post split shares outstanding
- approximately 2.4 million
- Nasdaq min bid price requirement
- $1.00
AI analysis
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