Vision Marine Technologies Granted Extension For Continued Listing On The Nasdaq Stock Market; Board Has Approved A 1-For-9 Reverse Stock Split Of Its Common Shares, To Become Effective At The Market Opening On October 8, 2024
Portfolio Pulse from Benzinga Newsdesk
Vision Marine Technologies has been granted an extension to remain listed on Nasdaq and will implement a 1-for-9 reverse stock split to meet compliance requirements.
October 04, 2024 | 1:33 pm
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Vision Marine Technologies has received an extension to remain listed on Nasdaq and will conduct a 1-for-9 reverse stock split to meet the minimum bid price requirement.
The reverse stock split is a strategic move to increase the share price and meet Nasdaq's listing requirements, which is crucial for maintaining investor confidence and market presence.
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