Innoviz Proxy Reveals Nasdaq Delisting Risk and Reverse Split Details
INVZ is trading near its 52-week low of $0.35 (10% above the low).
Summary
Innoviz's proxy statement reveals a Nasdaq delisting notice and details a proposed reverse split (1-for-5 to 1-for-20) to regain compliance. Shareholders vote September 16.
Key Events · Corporate Governance and Compliance · INVZ
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Nasdaq Delisting Notice
Company received a Listing Qualification Notice on March 25, 2026, for closing bid price below $1.00 for 30 consecutive business days. Grace period ends September 21, 2026.
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Reverse Split Proposal
Shareholders to vote on authorizing a reverse split at a ratio between 1-for-5 and 1-for-20, with board discretion to implement by March 25, 2027.
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Authorized Share Reduction
If implemented, authorized shares would be reduced from 500 million to between 25 million and 100 million, proportionally to the split ratio.
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Annual Meeting Date
Annual general meeting scheduled for September 16, 2026, at 4:00 p.m. Israel time. Record date August 12, 2026.
Analysis · INVZ · Manufacturing
The proxy statement for the September 16 annual meeting discloses that Innoviz received a Nasdaq Listing Qualification Notice on March 25, 2026, for failing to maintain a $1.00 minimum bid price. The company has until September 21, 2026 to regain compliance. To address this, shareholders will vote on a reverse split at a ratio between 1-for-5 and 1-for-20, with the board authorized to implement it by March 25, 2027. The split would also reduce authorized shares from 500 million to between 25 million and 100 million. This is a critical governance event: without the split, the stock faces delisting, which would severely impair liquidity and investor access.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.5% of the 1062 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.61%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, INVZ was trading at $0.39 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $106.9M. The 52-week trading range was $0.35 to $2.54. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.