Jul 03, 2014
1:165
For every 165 shares held, investors received 1. The price per share adjusted from $0.01 to $1.24.
The split itself did not change the total investment value.
FORU HOLDINGS INC (OTC:FORU) operates in the Biotechnology industry.
FORU HOLDINGS INC company overviewFORU HOLDINGS INC's most recent stock split was on July 3, 2014. It was a 1-for-165 reverse split, so shareholders received 1 share for every 165 they held.
FORU HOLDINGS INC (OTC:FORU) has split its stock 3 times: a 1-for-30 reverse split on June 18, 2003, a 1-for-30 reverse split on June 24, 2005, and a 1-for-165 reverse split on July 3, 2014.
FORU HOLDINGS INC has split its stock 3 times. This history records 3 reverse splits between June 18, 2003 and July 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 FORU HOLDINGS INC's 1-for-165 reverse split on July 3, 2014, every 165 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.
FORU HOLDINGS INC has not announced a new split in our records. Its most recent split was on July 3, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:FORU split will appear on this page.