LogicMark Inc (LGMK) Stock Split History

LogicMark Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on September 12, 2016 with the ratio of 1-for-10, meaning that for 10 shares of LGMK owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on April 24, 2023 on a 1-for-20 basis.

These splits have increased LGMK 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 LogicMark Inc's total market capitalization.

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

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