Dec 05, 2016
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.63 to $9.45.
The split itself did not change the total investment value.
ROOT9B HOLDINGS INC (OTC:RTNB) operates in the Information technology services industry.
ROOT9B HOLDINGS INC company overviewROOT9B HOLDINGS INC's most recent stock split was on December 5, 2016. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
ROOT9B HOLDINGS INC has split its stock once. This history records one reverse split, on December 5, 2016.
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 ROOT9B HOLDINGS INC's 1-for-15 reverse split on December 5, 2016, every 15 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.
ROOT9B HOLDINGS INC has not announced a new split in our records. Its most recent split was on December 5, 2016, 9 years ago. Companies announce splits in advance, and any new OTC:RTNB split will appear on this page.