Aug 26, 2021
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.02 to $0.72.
The split itself did not change the total investment value.
CAREPAY INC (OTC:SOFE) operates in the Oil & gas production industry.
CAREPAY INC company overviewCAREPAY INC's most recent stock split was on August 26, 2021. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
CAREPAY INC has split its stock once. This history records one reverse split, on August 26, 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 CAREPAY INC's 1-for-40 reverse split on August 26, 2021, every 40 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.
CAREPAY INC has not announced a new split in our records. Its most recent split was on August 26, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:SOFE split will appear on this page.