Aug 30, 2019
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.40 to $2.78.
The split itself did not change the total investment value.
Sunworks, Inc. (OTC:SUNWQ) operates in the Semiconductors industry.
Sunworks, Inc. company overviewSunworks, Inc.'s most recent stock split was on August 30, 2019. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Sunworks, Inc. (OTC:SUNWQ) has split its stock 4 times: a 1-for-5 reverse split on May 13, 2009, a 1-for-5 reverse split on October 25, 2010, a 1-for-26 reverse split on February 25, 2015, and a 1-for-7 reverse split on August 30, 2019.
Sunworks, Inc. has split its stock 4 times. This history records 4 reverse splits between May 13, 2009 and August 30, 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 Sunworks, Inc.'s 1-for-7 reverse split on August 30, 2019, every 7 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.
Sunworks, Inc. has not announced a new split in our records. Its most recent split was on August 30, 2019, 7 years ago. Companies announce splits in advance, and any new OTC:SUNWQ split will appear on this page.