Jul 08, 2020
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Ionik Corporation (NEO:INIK) operates in the Packaged software industry.
Ionik Corporation company overviewIonik Corporation's most recent stock split was on July 8, 2020. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Ionik Corporation has split its stock once. This history records one reverse split, on July 8, 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 Ionik Corporation's 1-for-8 reverse split on July 8, 2020, every 8 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.
Ionik Corporation has not announced a new split in our records. Its most recent split was on July 8, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:INIK split will appear on this page.
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