Marqeta to Execute 1-for-4 Reverse Stock Split

§ 01 Executive Snapshot

• What: Marqeta, Inc. will execute a 1-for-4 reverse stock split of its outstanding shares.
• Who: Marqeta, Inc. (NASDAQ: MQ), its stockholders, and the Nasdaq Global Select Market.
• Why it matters: The reverse stock split is aimed at adjusting the share price to meet listing requirements and improve market perception.

§ 02 Key Developments

• The reverse stock split will take effect at 4:00 p.m. Eastern Time on June 30, 2026.
• Post-split, there will be approximately 97 million shares of Class A Common Stock and 8 million shares of Class B Common Stock outstanding.
• All restricted stock units, performance stock units, options, and convertible securities will be adjusted proportionally to reflect the split.

§ 03 Strategic Context

• Reverse stock splits are often executed to increase the stock price and appeal to institutional investors, potentially stabilizing the stock's market performance.
• This action aligns with Marqeta's strategy to maintain its listing status on the Nasdaq and enhance its market image amidst competitive pressures.

§ 04 Strategic Implications

• The immediate consequence may include an improved stock price perception, which could attract more investors and stabilize trading activity.
• Long-term, this could enhance Marqeta's ability to raise capital and execute strategic initiatives as a publicly traded company.

§ 05 Risks & Constraints

• Potential risk of negative market perception if investors view the reverse split as a sign of financial distress.
• Market volatility around the split date could impact investor confidence and trading volume.

§ 06 Watchlist / Forward Signals

• Investors should monitor the stock performance post-split starting July 1, 2026, to assess market reactions.
• Future announcements regarding financial performance or strategic initiatives will be critical indicators of the split's success or failure.