Jan 04, 2019
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.01 to $0.75.
The split itself did not change the total investment value.
Skinvisible, Inc. (OTC:SKVI) operates in the Pharmaceuticals: major industry.
Skinvisible, Inc. company overviewSkinvisible, Inc.'s most recent stock split was on January 4, 2019. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Skinvisible, Inc. has split its stock once. This history records one reverse split, on January 4, 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 Skinvisible, Inc.'s 1-for-50 reverse split on January 4, 2019, 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.
Skinvisible, Inc. has not announced a new split in our records. Its most recent split was on January 4, 2019, 7 years ago. Companies announce splits in advance, and any new OTC:SKVI split will appear on this page.