Registered Nurse, ICU (Current Employee) â Palm Coast, FL â August 25, 2017. Small acute care hospital with a very busy, high acuity patient load. ICU is generalized and has a wide variety of patient experiences. Great place for a new nurse to start a career.
In finance, a reverse stock split or reverse split is a process by which shares of corporate stock are effectively merged to form a smaller number of proportionally more valuable shares.
When a stock reverse splits, shareholders who hold less than the specified number of shares will receive cash instead of new shares, ending their status as shareholders. For instance, a 1:500 reverse split will eliminate shareholders who own less than 500 shares, since there is no provision for a fractional share.