Vision Marine announces 1-for-10 reverse stock split - VMAR News | RalliesVision Marine announces 1-for-10 reverse stock split
V
VMAR• Reverse stock split set for Aug. 20, 2026
- Vision Marine Technologies will execute a 1-for-10 reverse stock split, consolidating every 10 common shares into 1 share.
- Issued and outstanding shares are expected to fall to about 653,046 from about 6,530,460, subject to rounding of fractional shares.
- The board set the effective date on Aug. 20, 2026.
- The move aims to lift the share price to help regain compliance with Nasdaq’s $1 minimum bid requirement.
- Equity awards and incentive plan share counts will be adjusted proportionately.
•
