Sep 02, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $2.70 to $27.00.
The split itself did not change the total investment value.
Nocopi Technologies, Inc. (OTC:NNUP) operates in the Industrial specialties industry.
Nocopi Technologies, Inc. company overviewNocopi Technologies, Inc.'s most recent stock split was on September 2, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nocopi Technologies, Inc. (OTC:NNUP) has split its stock 2 times: a 1-for-5 reverse split on July 15, 1996 and a 1-for-10 reverse split on September 2, 2022.
Nocopi Technologies, Inc. has split its stock 2 times. This history records 2 reverse splits between July 15, 1996 and September 2, 2022.
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 Nocopi Technologies, Inc.'s 1-for-10 reverse split on September 2, 2022, 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.
Nocopi Technologies, Inc. has not announced a new split in our records. Its most recent split was on September 2, 2022, 4 years ago. Companies announce splits in advance, and any new OTC:NNUP split will appear on this page.