Jun 20, 2016
1:9
For every 9 shares held, investors received 1. The price per share adjusted from $0.03 to $0.25.
The split itself did not change the total investment value.
Net Medical Xpress Solutions, Inc. (OTC:NMXS) operates in the Packaged software industry.
Net Medical Xpress Solutions, Inc. company overviewNet Medical Xpress Solutions, Inc.'s most recent stock split was on June 20, 2016. It was a 1-for-9 reverse split, so shareholders received 1 share for every 9 they held.
Net Medical Xpress Solutions, Inc. (OTC:NMXS) has split its stock 3 times: a 2-for-3 reverse split on August 4, 1999, a 10-for-1 split on April 18, 2001, and a 1-for-9 reverse split on June 20, 2016.
Net Medical Xpress Solutions, Inc. has split its stock 3 times. This history records 3 splits between August 4, 1999 and June 20, 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 Net Medical Xpress Solutions, Inc.'s 1-for-9 reverse split on June 20, 2016, every 9 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.
Net Medical Xpress Solutions, Inc. has not announced a new split in our records. Its most recent split was on June 20, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:NMXS split will appear on this page.