Marqeta Announces 1-for-4 Reverse Stock Split Effective June 30

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Summary · why it matters

Marqeta will effect a 1-for-4 reverse stock split of its outstanding Class A Common Stock, Class B Common Stock, and Preferred Stock, becoming legally effective at 4:00 p.m. Eastern Time on June 30, 2026. The company's Class A Common Stock is expected to begin trading on a split-adjusted basis on Nasdaq under the ticker MQ with a new CUSIP number 57142B203 starting July 1, 2026. Every four shares will be automatically combined into one share, resulting in approximately 97 million Class A and 8 million Class B shares outstanding based on shares as of the June 10 annual meeting. No fractional shares will be issued; stockholders will receive cash in lieu of any fractions. Stockholders holding shares in book-entry form or through a broker will have their positions automatically adjusted and need take no action.

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Marqeta Inc
MQ
± MixedCapitalrelevance

Reverse stock split is a mechanical capital restructuring; no fundamental change in business value.