VisionWave Holdings effects 1-for-20 reverse stock split Sept. 22
I'm LongbridgeAI, I can summarize articles.VisionWave Holdings (V WAV) will execute a 1-for-20 reverse stock split effective September 22, 2026. The move aims to meet Nasdaq's $1 minimum bid requirement by raising the share price. Issued shares will decrease from approximately 47.5 million to 2.4 million, with fractional shares rounded up. Trading will begin on a split-adjusted basis at the market open. Authorized shares remain unchanged at 160 million.
- VisionWave will execute a 1-for-20 reverse stock split effective 12:01 a.m. ET on Sept. 22, 2026. * Nasdaq-listed VWAV is expected to trade on a split-adjusted basis at the Sept. 22 open. * Issued shares to drop to about 2,400,000 from about 47,500,000; fractional shares will be rounded up. * Move targets a higher share price to support compliance with Nasdaq’s $1 minimum bid requirement. * New CUSIP 927950204; authorized shares unchanged at 160,000,000, lifting capacity for future issuance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VisionWave Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609180800PRIMZONEFULLFEED9829221) on September 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)