Rain City Resources, Inc.
Latest Stock Split
May 17, 2022
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- May 17, 2022Before—Split ratio1:3After—Reverse
About Rain City Resources, Inc. stock splits
Rain City Resources, Inc. (OTC:RNCYF) operates in the Other metals/Minerals industry.
Rain City Resources, Inc. company overviewWhen did Rain City Resources, Inc. stock split?
Rain City Resources, Inc.'s most recent stock split was on May 17, 2022. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
How many times has Rain City Resources, Inc. stock split?
Rain City Resources, Inc. has split its stock once. This history records one reverse split, on May 17, 2022.
What is a reverse stock split?
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 Rain City Resources, Inc.'s 1-for-3 reverse split on May 17, 2022, every 3 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.
Will Rain City Resources, Inc. split its stock again?
Rain City Resources, Inc. has not announced a new split in our records. Its most recent split was on May 17, 2022, 4 years ago. Companies announce splits in advance, and any new OTC:RNCYF split will appear on this page.