Feb 04, 2025
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.03 to $0.15.
The split itself did not change the total investment value.
Pegasus Mercantile Inc. (CSE:LOAN) operates in the Investment banks/Brokers industry.
Pegasus Mercantile Inc. company overviewPegasus Mercantile Inc.'s most recent stock split was on February 4, 2025. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Pegasus Mercantile Inc. (CSE:LOAN) has split its stock 8 times: a 1-for-5 reverse split on June 5, 2002, a 2-for-1 split on August 6, 2004, a 1-for-3 reverse split on April 30, 2012, a 2-for-3 reverse split on August 31, 2017, a 1-for-3 reverse split on December 12, 2017, a 8-for-5 split on August 14, 2018, a 1-for-16 reverse split on January 22, 2021, and a 1-for-5 reverse split on February 4, 2025.
Pegasus Mercantile Inc. has split its stock 8 times. This history records 8 splits between June 5, 2002 and February 4, 2025.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Pegasus Mercantile Inc.'s 1-for-5 reverse split on February 4, 2025, every 5 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Pegasus Mercantile Inc. has not announced a new split in our records. Its most recent split was on February 4, 2025, 1 year ago. Companies announce splits in advance, and any new CSE:LOAN split will appear on this page.
Already premium?