Sep 05, 2018
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.55 to $8.30.
The split itself did not change the total investment value.
Microbot Medical Inc. (NASDAQ:MBOT) operates in the Biotechnology industry.
Microbot Medical Inc. company overviewMicrobot Medical Inc.'s most recent stock split was on September 5, 2018. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Microbot Medical Inc. (NASDAQ:MBOT) has split its stock 4 times: a 1-for-10 reverse split on July 6, 2011, a 1-for-12 reverse split on May 9, 2016, a 1-for-9 reverse split on November 29, 2016, and a 1-for-15 reverse split on September 5, 2018.
Microbot Medical Inc. has split its stock 4 times. This history records 4 reverse splits between July 6, 2011 and September 5, 2018.
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 Microbot Medical Inc.'s 1-for-15 reverse split on September 5, 2018, every 15 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.
Microbot Medical Inc. has not announced a new split in our records. Its most recent split was on September 5, 2018, 8 years ago. Companies announce splits in advance, and any new NASDAQ:MBOT split will appear on this page.