Aug 01, 2023
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.30 to $15.00.
The split itself did not change the total investment value.
MedAvail Holdings, Inc. (OTC:MDVLQ) operates in the Drugstore chains industry.
MedAvail Holdings, Inc. company overviewMedAvail Holdings, Inc.'s most recent stock split was on August 1, 2023. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
MedAvail Holdings, Inc. (OTC:MDVLQ) has split its stock 4 times: a 14-for-1 split on July 14, 2010, a 1-for-50 reverse split on February 10, 2014, a 1-for-12 reverse split on November 18, 2020, and a 1-for-50 reverse split on August 1, 2023.
MedAvail Holdings, Inc. has split its stock 4 times. This history records 4 splits between July 14, 2010 and August 1, 2023.
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 MedAvail Holdings, Inc.'s 1-for-50 reverse split on August 1, 2023, every 50 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.
MedAvail Holdings, Inc. has not announced a new split in our records. Its most recent split was on August 1, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:MDVLQ split will appear on this page.