Apr 17, 2020
1:150
For every 150 shares held, investors received 1.
The split itself did not change the total investment value.
Giftify, Inc. (NASDAQ:GIFT) operates in the Data processing services industry.
Giftify, Inc. company overviewGiftify, Inc.'s most recent stock split was on April 17, 2020. It was a 1-for-150 reverse split, so shareholders received 1 share for every 150 they held.
Giftify, Inc. (NASDAQ:GIFT) has split its stock 3 times: a 1-for-10 reverse split on February 5, 2003, a 1-for-15 reverse split on June 1, 2011, and a 1-for-150 reverse split on April 17, 2020.
Giftify, Inc. has split its stock 3 times. This history records 3 reverse splits between February 5, 2003 and April 17, 2020.
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 Giftify, Inc.'s 1-for-150 reverse split on April 17, 2020, every 150 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.
Giftify, Inc. has not announced a new split in our records. Its most recent split was on April 17, 2020, 6 years ago. Companies announce splits in advance, and any new NASDAQ:GIFT split will appear on this page.