Luokung Technology Corp (LKCO) Stock Split History

Luokung Technology Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 06, 2012 with the ratio of 1-for-10, meaning that for 10 shares of LKCO owned pre-split, shareholders then owned 1 share. The most recent stock split took place on March 22, 2023 on a 1-for-30 basis.

These actions have increased LKCO 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 Luokung Technology Corp's total market capitalization.

For more detailed information of Luokung Technology Corp's stock splits, view the table below:

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