🔴 Innoviz Technologies is trading 5% down today as proposed reverse split raises delisting concerns

Innoviz Technologies is trading 5% down now at $0.35 as investors continue reacting to the company’s proposed reverse stock split and Nasdaq compliance concerns.

• Shareholders will consider the proposal on September 16, 2026, authorizing a 1-for-5 to 1-for-20 split.
• Nasdaq issued a March 25 notice over the $1 minimum bid requirement.
• Recent dilution from a $30 million offering may weigh on sentiment, while stronger semiconductor-sector performance provides little support.