Vision Marine to execute 1-for-10 reverse stock split Aug. 26 - VMAR News | RalliesVision Marine to execute 1-for-10 reverse stock split Aug. 26
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VMAR• Reverse stock split details
- Vision Marine Technologies will execute a 1-for-10 reverse stock split effective at the Aug. 26, 2026 market open.
- Common shares will trade on a split-adjusted basis under VMAR.
- Issued shares are expected to fall to about 653,046 from about 6,530,460, subject to rounding of fractional shares.
- The move targets a higher share price to regain compliance with Nasdaq’s $1 minimum bid requirement.
- New post-split CUSIP: 92840Q608.
