Respuesta :

The pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.

What is a reverse split?

A reverse split is the reduction of the number of shares of a corporation's stock.

When a corporation institutes a reverse split, the number of outstanding shares reduces to form a smaller number in proportion to the reverse split.

The fewer shares consolidate the stock at a higher price.  A reverse split is the opposite of a stock split that increases the number of outstanding shares while reducing the share price.

Thus, the pre-split price per share of Xytox Corporation's stock before the 1-for-10 reverse split was $4.41.

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