Vertical Aerospace Ltd NYSE: EVTL
On September 12, 2026, Vertical Aerospace (NYSE: EVTL) filed a Form 8--K with the SEC confirming that shareholders approved a 1--for--10 reverse stock split during the Annual General Meeting held on September 11. This strategic action is intended to artificially increase the per--share price to regain compliance with the New York Stock Exchange’s $1.00 minimum bid price requirement and avoid potential delisting. The board of directors has been authorized to implement the split, which is expected to become effective later this month, alongside the previously discussed capital restructuring with Mudrick Capital Management.