Paranovus Entertainment Technology Ltd (PAVS) Stock Split History

Paranovus Entertainment Technology Ltd has split its stock once since its initial public offering (IPO). The stock split of Paranovus Entertainment Technology Ltd occurred on October 11, 2022 on a 1-for-20 basis, meaning that for 20 shares of PAVS owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Paranovus Entertainment Technology Ltd's total market capitalization.

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