Corner Growth Acquisition Corp (COOL) Stock Split History

Corner Growth Acquisition Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 13, 2014 with the ratio of 1-for-7, meaning that for 7 shares of COOL owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 01, 2016 on a 1-for-6 basis.

These actions have increased COOL 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 Corner Growth Acquisition Corp's total market capitalization.

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

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