Digital Brands Group Inc (DBGI) Stock Split History

Digital Brands Group Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 04, 2022 with the ratio of 1-for-100, meaning that for 100 shares of DBGI owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 22, 2023 on a 1-for-25 basis.

These actions have increased DBGI stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Digital Brands Group Inc's total market capitalization.

For more detailed information of Digital Brands Group Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Digital Brands Group Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when DBGI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Digital Brands Group Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.