Vicinity Motor Corp (VEV) Stock Split History

Vicinity Motor Corp has split its stock once since its initial public offering (IPO). The stock split of Vicinity Motor Corp occurred on March 29, 2021 on a 1-for-3 basis, meaning that for 3 shares of VEV 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 Vicinity Motor Corp's total market capitalization.

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