Reverse Stock Split

Combining shares into fewer, higher-priced shares.

A reverse stock split consolidates shares, for example 1-for-10, raising the price while cutting the count, with no change in total value. Companies use it to lift a low price above exchange minimums or to shed a penny-stock image, though it often signals distress.

Facing delisting, the company did a 1-for-10 reverse stock split to lift its share price above $1.