Feb 14, 2014
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.00 to $0.03.
The split itself did not change the total investment value.
Seven Arts Entertainment, Inc. (OTC:SAPX) operates in the Wholesale distributors industry.
Seven Arts Entertainment, Inc. company overviewSeven Arts Entertainment, Inc.'s most recent stock split was on February 14, 2014. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Seven Arts Entertainment, Inc. (OTC:SAPX) has split its stock 7 times: a 1-for-10 reverse split on September 30, 2004, a 1-for-5 reverse split on January 16, 2009, a 1-for-5 reverse split on May 12, 2011, a 1-for-70 reverse split on September 4, 2012, a 1-for-50 reverse split on May 3, 2013, a 1-for-20 reverse split on October 16, 2013, and a 1-for-100 reverse split on February 14, 2014.
Seven Arts Entertainment, Inc. has split its stock 7 times. This history records 7 reverse splits between September 30, 2004 and February 14, 2014.
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 Seven Arts Entertainment, Inc.'s 1-for-100 reverse split on February 14, 2014, 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.
Seven Arts Entertainment, Inc. has not announced a new split in our records. Its most recent split was on February 14, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:SAPX split will appear on this page.