Worksport Ltd (WKSP) Stock Split History

Worksport Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on March 29, 2019 with the ratio of 1-for-6, meaning that for 6 shares of WKSP owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 04, 2021 on a 1-for-20 basis.

These actions have increased WKSP 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 Worksport Ltd's total market capitalization.

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

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