Nov 28, 2011
1:85
For every 85 shares held, investors received 1. The price per share adjusted from $0.02 to $1.53.
The split itself did not change the total investment value.
IZON NETWORK INC (OTC:IZNN) operates in the Packaged software industry.
IZON NETWORK INC company overviewIZON NETWORK INC's most recent stock split was on November 28, 2011. It was a 1-for-85 reverse split, so shareholders received 1 share for every 85 they held.
IZON NETWORK INC has split its stock once. This history records one reverse split, on November 28, 2011.
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 IZON NETWORK INC's 1-for-85 reverse split on November 28, 2011, every 85 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.
IZON NETWORK INC has not announced a new split in our records. Its most recent split was on November 28, 2011, 14 years ago. Companies announce splits in advance, and any new OTC:IZNN split will appear on this page.