Grom Social Enterprises Inc (GROM) Stock Split History

Grom Social Enterprises Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on May 19, 2021 with the ratio of 1-for-32, meaning that for 32 shares of GROM owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on September 07, 2023 on a 1-for-20 basis.

These splits have increased GROM 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 Grom Social Enterprises Inc's total market capitalization.

For more detailed information of Grom Social Enterprises Inc's stock splits, view the table below:

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