Vision marine technologies announces reverse stock split, warrant exchange and receives nasdaq staff determination letter regarding non-compliance with minimum bid price requirement

Montreal, qc / accesswire / august 20, 2024 / vision marine technologies, inc. (nasdaq:vmar) ("vision marine" or the "company"), a pioneer in electric marine propulsion, today announced that its board of directors (the "board") has approved a 15-for-1 reverse stock split of the company's common shares. the reverse stock split is expected to become effective when the market opens on august 22, 2024 (the "effective date").
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