Jan 22, 2024
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.37 to $2.96.
The split itself did not change the total investment value.
Reborn Coffee, Inc. (NASDAQ:REBN) operates in the Restaurants industry.
Reborn Coffee, Inc. company overviewReborn Coffee, Inc.'s most recent stock split was on January 22, 2024. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Reborn Coffee, Inc. has split its stock once. This history records one reverse split, on January 22, 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 Reborn Coffee, Inc.'s 1-for-8 reverse split on January 22, 2024, every 8 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.
Reborn Coffee, Inc. has not announced a new split in our records. Its most recent split was on January 22, 2024, 2 years ago. Companies announce splits in advance, and any new NASDAQ:REBN split will appear on this page.