Vision Marine Technologies (VMAR) has released an update.
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Vision Marine Technologies Inc. has been granted an extension for continued listing on the Nasdaq Capital Market and has announced a 1-for-9 reverse stock split to comply with Nasdaq’s minimum bid price requirement. The reverse stock split aims to elevate the company’s per share market price above the $1.00 threshold, set to take effect on October 8, 2024.
For further insights into VMAR stock, check out TipRanks’ Stock Analysis page.
