May 14, 2009
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.00 to $0.75.
The split itself did not change the total investment value.
RISING BIOSCIENCES INC (OTC:RBII) operates in the Pharmaceuticals: major industry.
RISING BIOSCIENCES INC company overviewRISING BIOSCIENCES INC's most recent stock split was on May 14, 2009. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
RISING BIOSCIENCES INC (OTC:RBII) has split its stock 2 times: a 2-for-1 split on August 22, 2003 and a 1-for-250 reverse split on May 14, 2009.
RISING BIOSCIENCES INC has split its stock 2 times. This history records 2 splits between August 22, 2003 and May 14, 2009.
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 RISING BIOSCIENCES INC's 1-for-250 reverse split on May 14, 2009, every 250 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.
RISING BIOSCIENCES INC has not announced a new split in our records. Its most recent split was on May 14, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:RBII split will appear on this page.