MicroVision has approved a 1-for-15 reverse stock split of its outstanding common stock. The split will become effective on August 1, 2026, with shares trading on a split-adjusted basis on the Nasdaq Capital Market starting August 3, 2026, under the ticker MVIS. The move is intended to raise the per-share trading price to meet Nasdaq's minimum bid price requirement for continued listing. The number of outstanding shares will be reduced proportionally, while authorized shares will drop from 510 million to 150 million. MVIS shares fell nearly 12% in premarket trading.
Microvision IncReverse stock split to meet Nasdaq listing requirement, shares fell 12% in premarket.