Kaixin Holdings (KXIN) Stock Split History

Kaixin Holdings has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 15, 2023 with the ratio of 1-for-15, meaning that for 15 shares of KXIN owned pre-split, shareholders then owned 1 share. The most recent stock split took place on October 25, 2024 on a 1-for-60 basis.

These actions have increased KXIN 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 Kaixin Holdings's total market capitalization.

For more detailed information of Kaixin Holdings's stock splits, view the table below:

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