Jan 26, 2016
1:180
For every 180 shares held, investors received 1. The price per share adjusted from $0.01 to $2.47.
The split itself did not change the total investment value.
NANO MAGIC INC. (OTC:NMGX) operates in the Industrial specialties industry.
NANO MAGIC INC. company overviewNANO MAGIC INC.'s most recent stock split was on January 26, 2016. It was a 1-for-180 reverse split, so shareholders received 1 share for every 180 they held.
NANO MAGIC INC. has split its stock once. This history records one reverse split, on January 26, 2016.
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 NANO MAGIC INC.'s 1-for-180 reverse split on January 26, 2016, every 180 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.
NANO MAGIC INC. has not announced a new split in our records. Its most recent split was on January 26, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:NMGX split will appear on this page.