Aug 18, 2023
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.06 to $5.70.
The split itself did not change the total investment value.
SOCIALLITE US AB (NGM:SOCIAL) operates in the Data processing services industry.
SOCIALLITE US AB company overviewSOCIALLITE US AB's most recent stock split was on August 18, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
SOCIALLITE US AB (NGM:SOCIAL) has split its stock 2 times: a 220-for-73 split on April 20, 2021 and a 1-for-100 reverse split on August 18, 2023.
SOCIALLITE US AB has split its stock 2 times. This history records 2 splits between April 20, 2021 and August 18, 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 SOCIALLITE US AB's 1-for-100 reverse split on August 18, 2023, every 100 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.
SOCIALLITE US AB has not announced a new split in our records. Its most recent split was on August 18, 2023, 3 years ago. Companies announce splits in advance, and any new NGM:SOCIAL split will appear on this page.
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