Oct 19, 2022
1:75
For every 75 shares held, investors received 1. The price per share adjusted from $0.07 to $5.24.
The split itself did not change the total investment value.
Infinite Group, Inc. (OTC:IMCI) operates in the Information technology services industry.
Infinite Group, Inc. company overviewInfinite Group, Inc.'s most recent stock split was on October 19, 2022. It was a 1-for-75 reverse split, so shareholders received 1 share for every 75 they held.
Infinite Group, Inc. (OTC:IMCI) has split its stock 2 times: a 1-for-5 reverse split on February 17, 1999 and a 1-for-75 reverse split on October 19, 2022.
Infinite Group, Inc. has split its stock 2 times. This history records 2 reverse splits between February 17, 1999 and October 19, 2022.
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 Infinite Group, Inc.'s 1-for-75 reverse split on October 19, 2022, every 75 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.
Infinite Group, Inc. has not announced a new split in our records. Its most recent split was on October 19, 2022, 4 years ago. Companies announce splits in advance, and any new OTC:IMCI split will appear on this page.