Greenwave Technology Solutions Inc (GWAV) Stock Split History

Greenwave Technology Solutions Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 28, 2022 with the ratio of 1-for-300, meaning that for 300 shares of GWAV owned pre-split, shareholders then owned 1 share. The most recent stock split took place on June 03, 2024 on a 1-for-150 basis.

These actions have increased GWAV 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 Greenwave Technology Solutions Inc's total market capitalization.

For more detailed information of Greenwave Technology Solutions Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Greenwave Technology Solutions 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 GWAV stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Greenwave Technology Solutions Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.