Feb 27, 2024
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.18 to $8.80.
The split itself did not change the total investment value.
Phunware, Inc. (NASDAQ:PHUN) operates in the Packaged software industry.
Phunware, Inc. company overviewPhunware, Inc.'s most recent stock split was on February 27, 2024. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Phunware, Inc. has split its stock once. This history records one reverse split, on February 27, 2024.
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 Phunware, Inc.'s 1-for-50 reverse split on February 27, 2024, every 50 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.
Phunware, Inc. has not announced a new split in our records. Its most recent split was on February 27, 2024, 2 years ago. Companies announce splits in advance, and any new NASDAQ:PHUN split will appear on this page.