Mar 06, 2023
2:5
For every 5 shares held, investors received 2. The price per share adjusted from $0.04 to $0.11.
The split itself did not change the total investment value.
Lion Rock Resources Inc (NEO:ROAR) operates in the Other metals/Minerals industry.
Lion Rock Resources Inc company overviewLion Rock Resources Inc's most recent stock split was on March 6, 2023. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Lion Rock Resources Inc (NEO:ROAR) has split its stock 3 times: a 1-for-10 reverse split on July 6, 2016, a 1-for-10 reverse split on January 22, 2021, and a 2-for-5 reverse split on March 6, 2023.
Lion Rock Resources Inc has split its stock 3 times. This history records 3 reverse splits between July 6, 2016 and March 6, 2023.
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 Lion Rock Resources Inc's 2-for-5 reverse split on March 6, 2023, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lion Rock Resources Inc has not announced a new split in our records. Its most recent split was on March 6, 2023, 3 years ago. Companies announce splits in advance, and any new NEO:ROAR split will appear on this page.
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