Cocrystal Pharma Inc (COCP) Stock Split History

Cocrystal Pharma Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 15, 2011 with the ratio of 10-for-1, meaning that for 1 share of COCP owned pre-split, shareholders then owned 10 shares. 2 more splits have been implemented since then. The most recent stock split took place on October 11, 2022 on a 1-for-12 basis.

These splits have increased COCP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Cocrystal Pharma Inc's total market capitalization.

For more detailed information of Cocrystal Pharma Inc's stock splits, view the table below:

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