Aug 06, 2021
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.17 to $0.53.
The split itself did not change the total investment value.
Merion, Inc. (OTC:EWLU) operates in the Pharmaceuticals: other industry.
Merion, Inc. company overviewMerion, Inc.'s most recent stock split was on August 6, 2021. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Merion, Inc. has split its stock once. This history records one reverse split, on August 6, 2021.
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 Merion, Inc.'s 1-for-3 reverse split on August 6, 2021, every 3 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.
Merion, Inc. has not announced a new split in our records. Its most recent split was on August 6, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:EWLU split will appear on this page.