Innoviz Technologies scheduled its annual general meeting for September 16, 2026. Shareholders will vote on a proposed reverse stock split with a ratio between 1-for-5 and 1-for-20.
The proposal addresses a March 25, 2026, notice from Nasdaq regarding the company's failure to maintain a $1.00 minimum bid price. Innoviz must regain compliance by September 21, 2026, to avoid being delisted from the exchange.
The meeting agenda also includes the re-election of several directors and the re-appointment of independent auditors. The board recommends a vote in favor of all proposals to maintain the company's Nasdaq listing.