Vision Marine announces 1-for-10 reverse stock split

Reuters2026/08/26 21:01

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Vision Marine Technologies will execute a 1-for-10 reverse stock split, consolidating every 10 common shares into 1 share.
Issued and outstanding shares expected to fall to about 653,046 from about 6,530,460, subject to rounding of fractional shares.
Board set the effective date on Aug. 20, 2026.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Marine Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-101613), on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Vision Marine announces 1-for-10 reverse stock split

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