Nov 02, 2021
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.10 to $5.08.
The split itself did not change the total investment value.
SurgePays, Inc. (NASDAQ:SURG) operates in the Packaged software industry.
SurgePays, Inc. company overviewSurgePays, Inc.'s most recent stock split was on November 2, 2021. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
SurgePays, Inc. (NASDAQ:SURG) has split its stock 4 times: a 3-for-2 split on July 24, 2008, a 1-for-50 reverse split on May 18, 2009, a 1-for-23 reverse split on April 21, 2015, and a 1-for-50 reverse split on November 2, 2021.
SurgePays, Inc. has split its stock 4 times. This history records 4 splits between July 24, 2008 and November 2, 2021.
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 SurgePays, Inc.'s 1-for-50 reverse split on November 2, 2021, 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.
SurgePays, Inc. has not announced a new split in our records. Its most recent split was on November 2, 2021, 4 years ago. Companies announce splits in advance, and any new NASDAQ:SURG split will appear on this page.