Cyngn Inc (CYN) Stock Split History

Cyngn Inc has split its stock once since its initial public offering (IPO). The stock split of Cyngn Inc occurred on October 20, 2023 on a 11-for-10 basis, meaning that for 10 shares of CYN owned pre-split, shareholders then owned 11 shares.

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 Cyngn Inc's total market capitalization.

CYN stock split list

Date	Split Ratio
2023-10-20	11 - for - 10

Will Cyngn Inc Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
CRM	2013-04-18	4 - for - 1
SAP	1998-07-28	4 - for - 1
INTU	2006-07-07	2 - for - 1
SHOP	2022-06-29	10 - for - 1
PANW	2022-09-14	3 - for - 1
CDNS	1997-11-17	2 - for - 1
ADSK	2004-12-21	2 - for - 1
TTD	2021-06-17	10 - for - 1
FICO	2004-03-11	3 - for - 2
ANSS	2007-06-05	2 - for - 1
MSTR	2002-07-31	1 - for - 10
PTC	2006-02-28	2 - for - 5