Painreform Ltd (PRFX) Stock Split History

Painreform Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 03, 2023 with the ratio of 1-for-10, meaning that for 10 shares of PRFX owned pre-split, shareholders then owned 1 share. The most recent stock split took place on September 09, 2024 on a 1-for-6 basis.

These actions have increased PRFX 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 Painreform Ltd's total market capitalization.

For more detailed information of Painreform Ltd's stock splits, view the table below:

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