Aug 26, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.04 to $0.35.
The split itself did not change the total investment value.
Route1 Inc. (NEO:ROI) operates in the Packaged software industry.
Route1 Inc. company overviewRoute1 Inc.'s most recent stock split was on August 26, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Route1 Inc. (NEO:ROI) has split its stock 2 times: a 1-for-2 reverse split on December 9, 1997 and a 1-for-10 reverse split on August 26, 2019.
Route1 Inc. has split its stock 2 times. This history records 2 reverse splits between December 9, 1997 and August 26, 2019.
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 Route1 Inc.'s 1-for-10 reverse split on August 26, 2019, 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.
Route1 Inc. has not announced a new split in our records. Its most recent split was on August 26, 2019, 7 years ago. Companies announce splits in advance, and any new NEO:ROI split will appear on this page.
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