Lizhi Inc ADR (LIZI) Stock Split History

Lizhi Inc ADR has split its stock once since its initial public offering (IPO). The stock split of Lizhi Inc ADR occurred on September 20, 2023 on a 1-for-10 basis, meaning that for 10 shares of LIZI 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 Lizhi Inc ADR's total market capitalization.

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