Ensysce Biosciences Inc (ENSC) Stock Split History

Ensysce Biosciences Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on July 27, 2006 with the ratio of 1-for-1000, meaning that for 1000 shares of ENSC owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on March 31, 2023 on a 1-for-12 basis.

These splits have increased ENSC 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 Ensysce Biosciences Inc's total market capitalization.

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

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