Sep 17, 2007
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.67 to $4.69.
The split itself did not change the total investment value.
NEUROBIOLOGICAL TECHNOLOGIES INC (OTC:NTII) operates in the Biotechnology industry.
NEUROBIOLOGICAL TECHNOLOGIES INC company overviewNEUROBIOLOGICAL TECHNOLOGIES INC's most recent stock split was on September 17, 2007. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
NEUROBIOLOGICAL TECHNOLOGIES INC has split its stock once. This history records one reverse split, on September 17, 2007.
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 NEUROBIOLOGICAL TECHNOLOGIES INC's 1-for-7 reverse split on September 17, 2007, 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.
NEUROBIOLOGICAL TECHNOLOGIES INC has not announced a new split in our records. Its most recent split was on September 17, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:NTII split will appear on this page.