Agrify Corp (AGFY) Stock Split History

Agrify Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 18, 2022 with the ratio of 1-for-10, meaning that for 10 shares of AGFY owned pre-split, shareholders then owned 1 share. The most recent stock split took place on July 05, 2023 on a 1-for-20 basis.

These actions have increased AGFY 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 Agrify Corp's total market capitalization.

For more detailed information of Agrify Corp's stock splits, view the table below:

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