Sobr Safe Inc (SOBR) Stock Split History

Sobr Safe Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 08, 2020 with the ratio of 4-for-133, meaning that for 133 shares of SOBR owned pre-split, shareholders then owned 4 shares. 2 more splits have been implemented since then. The most recent stock split took place on October 02, 2024 on a 1-for-110 basis.

These splits have increased SOBR 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 Sobr Safe Inc's total market capitalization.

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

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