May 21, 2019
1:5000
For every 5000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.50.
The split itself did not change the total investment value.
mPhase Technologies, Inc. (OTC:XDSL) operates in the Packaged software industry.
mPhase Technologies, Inc. company overviewmPhase Technologies, Inc.'s most recent stock split was on May 21, 2019. It was a 1-for-5000 reverse split, so shareholders received 1 share for every 5000 they held.
mPhase Technologies, Inc. (OTC:XDSL) has split its stock 3 times: a 1-for-10 reverse split on April 21, 1997, a 1-for-10 reverse split on May 1, 1997, and a 1-for-5000 reverse split on May 21, 2019.
mPhase Technologies, Inc. has split its stock 3 times. This history records 3 reverse splits between April 21, 1997 and May 21, 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 mPhase Technologies, Inc.'s 1-for-5000 reverse split on May 21, 2019, every 5000 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.
mPhase Technologies, Inc. has not announced a new split in our records. Its most recent split was on May 21, 2019, 7 years ago. Companies announce splits in advance, and any new OTC:XDSL split will appear on this page.