5reverse splits
1-for-43,186 cumulative
4.6M → 4.9Mshares issued (XBRL history)
Quietfiling state
from EDGAR

Case Notes

Vision Marine Technologies Inc. has 5 reverse splits on record — cumulative 1-for-43,186. No twelve-month share-count comparison is available in the XBRL record.

No stress-language filings on record in our dataset. However, 3 supply registrations (S-1/424B) appear in the last 12 months.

The current filing record is quiet: nothing newly registered, no recent stress flags. In our dataset, quiet is where every cycle began — the absence of filings is itself a data point, not a clearance. This record will be updated as new filings land on EDGAR.

Share Count Over Time

XBRL cover-page share counts from SEC EDGAR filings. Amber dashed lines mark reverse-split dates. 5 reverse splits on record.

Reverse Split Log

Each event consolidates shares — fewer shares, same market cap. Source: EDGAR corporate actions.

2024-10-081-for-7.8
2025-03-311-for-10.9
2025-12-181-for-0.5
2026-01-141-for-39.4
2026-06-171-for-13.0

Cumulative effective ratio: 1-for-43,186— a share held at inception is now worth 1/43,186 of its original fraction.

424B Supply Pulse

Prospectus supplements (424B5) filed registering shares for resale — each bar is one month with a filing. Bars above average signal active distribution windows. Source: SEC EDGAR.

11 01 02 04 06 08 10 09 10 02 08 12 01
2020-112023-012023-022023-042023-062023-082023-102024-092024-102025-022025-082025-122026-01

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