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Vision Marine announces 1-for-10 reverse stock split to boost share price above $1 on Nasdaq.

Company Fundamentals
15 Jun 2026
PRNewsWire
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Neutral
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Vision Marine Technologies approved a 1-for-10 reverse stock split effective June 17, 2026, reducing outstanding shares from about 7.27 million to 727,050. This move aims to increase the share price to comply with Nasdaq's $1 minimum bid price rule. Shareholders will automatically have their shares consolidated without needing to take action, and adjustments will be made to equity awards. The reverse split does not affect the total authorized shares or par value, and fractional shares will be rounded to whole shares.

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