Nov 19, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.15.
The split itself did not change the total investment value.
OBOCON INC (OTC:OBCN) operates in the Electronic equipment/Instruments industry.
OBOCON INC company overviewOBOCON INC's most recent stock split was on November 19, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
OBOCON INC has split its stock once. This history records one reverse split, on November 19, 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 OBOCON INC's 1-for-10 reverse split on November 19, 2020, 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.
OBOCON INC has not announced a new split in our records. Its most recent split was on November 19, 2020, 5 years ago. Companies announce splits in advance, and any new OTC:OBCN split will appear on this page.