Aug 01, 2019
1:1200
For every 1200 shares held, investors received 1.
The split itself did not change the total investment value.
Red Cat Holdings, Inc. (NASDAQ:RCAT) operates in the Packaged software industry.
Red Cat Holdings, Inc. company overviewRed Cat Holdings, Inc.'s most recent stock split was on August 1, 2019. It was a 1-for-1200 reverse split, so shareholders received 1 share for every 1200 they held.
Red Cat Holdings, Inc. (NASDAQ:RCAT) has split its stock 4 times: a 1-for-100 reverse split on March 22, 2002, a 1-for-150 reverse split on July 23, 2014, a 1-for-10 reverse split on November 22, 2016, and a 1-for-1200 reverse split on August 1, 2019.
Red Cat Holdings, Inc. has split its stock 4 times. This history records 4 reverse splits between March 22, 2002 and August 1, 2019.
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 Red Cat Holdings, Inc.'s 1-for-1200 reverse split on August 1, 2019, every 1200 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.
Red Cat Holdings, Inc. has not announced a new split in our records. Its most recent split was on August 1, 2019, 7 years ago. Companies announce splits in advance, and any new NASDAQ:RCAT split will appear on this page.
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