Mar 23, 2015
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.45 to $0.90.
The split itself did not change the total investment value.
Princeton Capital Corporation (OTC:PIAC) operates in the Investment managers industry.
Princeton Capital Corporation company overviewPrinceton Capital Corporation's most recent stock split was on March 23, 2015. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Princeton Capital Corporation (OTC:PIAC) has split its stock 2 times: a 1-for-8 reverse split on April 16, 1993 and a 1-for-2 reverse split on March 23, 2015.
Princeton Capital Corporation has split its stock 2 times. This history records 2 reverse splits between April 16, 1993 and March 23, 2015.
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 Princeton Capital Corporation's 1-for-2 reverse split on March 23, 2015, every 2 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.
Princeton Capital Corporation has not announced a new split in our records. Its most recent split was on March 23, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:PIAC split will appear on this page.