Sep 26, 2024
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Rainmaker Worldwide Inc. (OTC:RAKR) operates in the Water utilities industry.
Rainmaker Worldwide Inc. company overviewRainmaker Worldwide Inc.'s most recent stock split was on September 26, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Rainmaker Worldwide Inc. (OTC:RAKR) has split its stock 5 times: a 1-for-10 reverse split on August 16, 2010, a 1-for-1300 reverse split on July 22, 2015, a 1-for-2000 reverse split on March 1, 2016, a 1-for-1000 reverse split on June 16, 2017, and a 1-for-25 reverse split on September 26, 2024.
Rainmaker Worldwide Inc. has split its stock 5 times. This history records 5 reverse splits between August 16, 2010 and September 26, 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 Rainmaker Worldwide Inc.'s 1-for-25 reverse split on September 26, 2024, every 25 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.
Rainmaker Worldwide Inc. has not announced a new split in our records. Its most recent split was on September 26, 2024, 2 years ago. Companies announce splits in advance, and any new OTC:RAKR split will appear on this page.