Icecure Medical Ltd (ICCM) Stock Split History

Icecure Medical Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on August 24, 2015 with the ratio of 1-for-10, meaning that for 10 shares of ICCM owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 09, 2021 on a 1-for-8 basis.

These actions have increased ICCM 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 Icecure Medical Ltd's total market capitalization.

For more detailed information of Icecure Medical Ltd's stock splits, view the table below:

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