Jun 03, 2020
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.02 to $0.16.
The split itself did not change the total investment value.
Powertap Hydrogen Capital Corp. (OTC:MOTNF) operates in the Industrial machinery industry.
Powertap Hydrogen Capital Corp. company overviewPowertap Hydrogen Capital Corp.'s most recent stock split was on June 3, 2020. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Powertap Hydrogen Capital Corp. (OTC:MOTNF) has split its stock 4 times: a 1-for-10 reverse split on November 10, 2003, a 1-for-10 reverse split on June 23, 2016, a 2-for-1 split on October 3, 2018, and a 1-for-7 reverse split on June 3, 2020.
Powertap Hydrogen Capital Corp. has split its stock 4 times. This history records 4 splits between November 10, 2003 and June 3, 2020.
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 Powertap Hydrogen Capital Corp.'s 1-for-7 reverse split on June 3, 2020, every 7 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.
Powertap Hydrogen Capital Corp. has not announced a new split in our records. Its most recent split was on June 3, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:MOTNF split will appear on this page.
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