MONTREAL, Jan. 12, 2026 /PRNewswire/ — Vision Marine Technologies Inc. (NASDAQ: VMAR), today announced that the Company’s board of directors (the “Board”) approved 1 for 40 reverse stock split of the Company’s common shares. The reverse stock split is expected to become effective when the market opens on January 14, 2026 (the “Effective Date”) and the Company’s common shares will begin trading on a split-adjusted basis under the existing trading symbol “VMAR.”,
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Brief Summary
Vision Marine Technologies Inc. has announced a significant corporate restructuring with a reverse stock split of 1-for-40. This move, approved by the Board of Directors, aims to enhance shareholder value and align with long-term business goals.
- Effective Date: January 14, 2026
- Trading Symbol: VMAR
- Split Ratio: 1-for-40
Why it matters: This strategic split aims to improve liquidity and market perception by potentially uplifting the stock’s price, fostering a more attractive investment environment.
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