Sellas Life Sciences Group Inc (SLS) Stock Split History

Sellas Life Sciences Group Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 14, 2016 with the ratio of 1-for-20, meaning that for 20 shares of SLS owned pre-split, shareholders then owned 1 share. 2 more splits have been implemented since then. The most recent stock split took place on November 08, 2019 on a 1-for-50 basis.

These splits have increased SLS 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 Sellas Life Sciences Group Inc's total market capitalization.

For more detailed information of Sellas Life Sciences Group Inc's stock splits, view the table below:

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