Sep 30, 2010
1:120
For every 120 shares held, investors received 1. The price per share adjusted from $0.09 to $10.20.
The split itself did not change the total investment value.
FUND COM INC (OTC:FNDM) operates in the Financial publishing/Services industry.
FUND COM INC company overviewFUND COM INC's most recent stock split was on September 30, 2010. It was a 1-for-120 reverse split, so shareholders received 1 share for every 120 they held.
FUND COM INC (OTC:FNDM) has split its stock 2 times: a 10-for-1 split on January 17, 2008 and a 1-for-120 reverse split on September 30, 2010.
FUND COM INC has split its stock 2 times. This history records 2 splits between January 17, 2008 and September 30, 2010.
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 FUND COM INC's 1-for-120 reverse split on September 30, 2010, every 120 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.
FUND COM INC has not announced a new split in our records. Its most recent split was on September 30, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:FNDM split will appear on this page.