Dec 30, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.35 to $13.50.
The split itself did not change the total investment value.
Disc Medicine, Inc. (NASDAQ:IRON) operates in the Biotechnology industry.
Disc Medicine, Inc. company overviewDisc Medicine, Inc.'s most recent stock split was on December 30, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Disc Medicine, Inc. has split its stock once. This history records one reverse split, on December 30, 2022.
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 Disc Medicine, Inc.'s 1-for-10 reverse split on December 30, 2022, every 10 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.
Disc Medicine, Inc. has not announced a new split in our records. Its most recent split was on December 30, 2022, 3 years ago. Companies announce splits in advance, and any new NASDAQ:IRON split will appear on this page.