VisionWave Holdings effects 1-for-20 reverse stock split Sept. 22
VWAV•Reverse stock split to take effect Sept. 22
VisionWave Holdings will execute a 1-for-20 reverse stock split effective 12:01 a.m. ET on Sept. 22, 2026.
Nasdaq-listed VWAV is expected to trade on a split-adjusted basis at the Sept. 22 open.
Issued shares are expected to drop to about 2,400,000 from about 47,500,000. Fractional shares will be rounded up.
The move is intended to support compliance with Nasdaq’s $1 minimum bid requirement by raising the share price.
The new CUSIP will be 927950204. Authorized shares remain unchanged at 160,000,000, which increases capacity for future issuance.
