Kaixin Auto Holdings (KXIN) Stock Split History

Kaixin Auto Holdings has split its stock once since its initial public offering (IPO). The stock split of Kaixin Auto Holdings occurred on September 15, 2023 on a 1-for-15 basis, meaning that for 15 shares of KXIN owned pre-split, shareholders then owned 1 share.

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 Kaixin Auto Holdings's total market capitalization.

The answer will depend on the decisions of the company's managers and market volatility. Kaixin Auto 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 Auto Holdings's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.