Vision Marine Technologies (VMAR) said Thursday that its board approved a 10-for-1 reverse stock split, effective when the market opens on Monday.
The company said the main goal of the reverse stock split is to boost the per-share price of its common shares to avoid non-compliance with Nasdaq's minimum $1 bid price per-share requirement.
The company's shares were down 7% in recent trading.
Price: 0.58, Change: -0.04, Percent Change: -6.95
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。