Amesite Inc (AMST)

[mick]

1 <> split history <> https://www.stocksplithistory.com/?symbol=AMST

Amesite (AMST) has 1 split in our Amesite stock split history database.

The split for AMST took place on February 22, 2023.
This was a 1 for 12 reverse split, meaning for each 12 shares of AMST owned pre-split,
the shareholder now owned 1 share. For example, a 1000 share position pre-split, became
a 83.3333333333333 share position following the split.

When a company such as Amesite conducts a reverse share split, it is usually because shares
have fallen to a lower per-share pricepoint than the company would like.

This can be important because, for example, certain types of mutual funds might have a
limit governing which stocks they may buy, based upon per-share price.

The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to
look at per-share price, setting a lower limit for listing eligibility.

So when a company does a reverse split, it is looking mathematically at the market capitalization before
and after the reverse split takes place, and concluding that if the market capitilization remains stable,

the reduced share count should result in a higher price per share.