Jan 03, 2014
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.74 to $2.96.
The split itself did not change the total investment value.
Correlate Energy Corp. (OTC:CIPI) operates in the Miscellaneous commercial services industry.
Correlate Energy Corp. company overviewCorrelate Energy Corp.'s most recent stock split was on January 3, 2014. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Correlate Energy Corp. (OTC:CIPI) has split its stock 2 times: a 1-for-10 reverse split on September 29, 2005 and a 1-for-4 reverse split on January 3, 2014.
Correlate Energy Corp. has split its stock 2 times. This history records 2 reverse splits between September 29, 2005 and January 3, 2014.
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 Correlate Energy Corp.'s 1-for-4 reverse split on January 3, 2014, every 4 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.
Correlate Energy Corp. has not announced a new split in our records. Its most recent split was on January 3, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:CIPI split will appear on this page.