Jul 05, 2021
2:9
For every 9 shares held, investors received 2.
The split itself did not change the total investment value.
NowVertical Group Inc (TSXV:NOW) operates in the Packaged software industry.
NowVertical Group Inc company overviewNowVertical Group Inc's most recent stock split was on July 5, 2021. It was a 2-for-9 reverse split, so shareholders received 2 shares for every 9 they held.
NowVertical Group Inc has split its stock once. This history records one reverse split, on July 5, 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 NowVertical Group Inc's 2-for-9 reverse split on July 5, 2021, every 9 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
NowVertical Group Inc has not announced a new split in our records. Its most recent split was on July 5, 2021, 5 years ago. Companies announce splits in advance, and any new TSXV:NOW split will appear on this page.
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