Dec 18, 2013
1:400
For every 400 shares held, investors received 1. The price per share adjusted from $0.03 to $12.00.
The split itself did not change the total investment value.
ERF WIRELESS INC (OTC:ERFB) operates in the Wireless telecommunications industry.
ERF WIRELESS INC company overviewERF WIRELESS INC's most recent stock split was on December 18, 2013. It was a 1-for-400 reverse split, so shareholders received 1 share for every 400 they held.
ERF WIRELESS INC (OTC:ERFB) has split its stock 3 times: a 1-for-75 reverse split on September 20, 2004, a 1-for-500 reverse split on August 8, 2011, and a 1-for-400 reverse split on December 18, 2013.
ERF WIRELESS INC has split its stock 3 times. This history records 3 reverse splits between September 20, 2004 and December 18, 2013.
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 ERF WIRELESS INC's 1-for-400 reverse split on December 18, 2013, every 400 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.
ERF WIRELESS INC has not announced a new split in our records. Its most recent split was on December 18, 2013, 12 years ago. Companies announce splits in advance, and any new OTC:ERFB split will appear on this page.