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Did Inseego stock split?

Asked by Anonymous Sep 02, 2026 0 views 1 answers
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Answered Sep 02, 2026

Yes, Inseego Corp. has indeed undergone stock splits throughout its corporate trading history, most notably executing a 1-for-10 reverse stock split that officially became effective in January 2024. This strategic reverse split was implemented primarily to artificially elevate the per-share trading value of its common stock to successfully regain compliance with the minimum bid price listing requirements mandated by the NASDAQ stock exchange. Looking back further into corporate records, historical data also documents earlier capital adjustments, such as a 1-for-15 reverse stock split executed back in October 2002. These corporate restructuring actions apply uniformly across all issued and outstanding common shares, reducing the total share count while proportionally raising the individual share price without altering any shareholder's absolute equity ownership percentage in the underlying business enterprise.

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