Apr 23, 2021
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $1.15.
The split itself did not change the total investment value.
Rooshine Inc. (OTC:RSAU) operates in the Beverages: alcoholic industry.
Rooshine Inc. company overviewRooshine Inc.'s most recent stock split was on April 23, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Rooshine Inc. (OTC:RSAU) has split its stock 3 times: a 1-for-5 reverse split on December 28, 2004, a 1-for-100 reverse split on February 6, 2014, and a 1-for-100 reverse split on April 23, 2021.
Rooshine Inc. has split its stock 3 times. This history records 3 reverse splits between December 28, 2004 and April 23, 2021.
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 Rooshine Inc.'s 1-for-100 reverse split on April 23, 2021, 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.
Rooshine Inc. has not announced a new split in our records. Its most recent split was on April 23, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:RSAU split will appear on this page.