Larimar Therapeutics, Inc.

Larimar Therapeutics, Inc.

2.27
USD
-0.15
(-6.20%)
-1.93EPS
316.84MMarket Cap
Nov 05Next Earn

Latest Stock Split

May 29, 2020

1:12

For every 12 shares held, investors received 1. The price per share adjusted from $0.99 to $11.88.

The split itself did not change the total investment value.

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Stock Split History

  1. May 29, 2020
    Before$0.99
    Split ratio1:12
    After$11.88
    Reverse

About Larimar Therapeutics, Inc. stock splits

Larimar Therapeutics, Inc. (NASDAQ:LRMR) operates in the Biotechnology industry.

Larimar Therapeutics, Inc. company overview

When did Larimar Therapeutics, Inc. stock split?

Larimar Therapeutics, Inc.'s most recent stock split was on May 29, 2020. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.

How many times has Larimar Therapeutics, Inc. stock split?

Larimar Therapeutics, Inc. has split its stock once. This history records one reverse split, on May 29, 2020.

What is a reverse stock split?

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 Larimar Therapeutics, Inc.'s 1-for-12 reverse split on May 29, 2020, every 12 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.

Will Larimar Therapeutics, Inc. split its stock again?

Larimar Therapeutics, Inc. has not announced a new split in our records. Its most recent split was on May 29, 2020, 6 years ago. Companies announce splits in advance, and any new NASDAQ:LRMR split will appear on this page.