Aug 22, 2023
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.67 to $67.00.
The split itself did not change the total investment value.
Rivulet Entertainment, Inc. (OTC:RIVF) operates in the Packaged software industry.
Rivulet Entertainment, Inc. company overviewRivulet Entertainment, Inc.'s most recent stock split was on August 22, 2023. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Rivulet Entertainment, Inc. (OTC:RIVF) has split its stock 2 times: a 73-for-10 split on December 18, 2007 and a 1-for-100 reverse split on August 22, 2023.
Rivulet Entertainment, Inc. has split its stock 2 times. This history records 2 splits between December 18, 2007 and August 22, 2023.
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 Rivulet Entertainment, Inc.'s 1-for-100 reverse split on August 22, 2023, every 100 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.
Rivulet Entertainment, Inc. has not announced a new split in our records. Its most recent split was on August 22, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:RIVF split will appear on this page.