Dec 20, 2001
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.88 to $5.28.
The split itself did not change the total investment value.
PRISM TECHNOLOGIES GROUP INC (OTC:PRZM) operates in the Packaged software industry.
PRISM TECHNOLOGIES GROUP INC company overviewPRISM TECHNOLOGIES GROUP INC's most recent stock split was on December 20, 2001. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
PRISM TECHNOLOGIES GROUP INC has split its stock once. This history records one reverse split, on December 20, 2001.
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 PRISM TECHNOLOGIES GROUP INC's 1-for-6 reverse split on December 20, 2001, every 6 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.
PRISM TECHNOLOGIES GROUP INC has not announced a new split in our records. Its most recent split was on December 20, 2001, 24 years ago. Companies announce splits in advance, and any new OTC:PRZM split will appear on this page.