Freight Technologies Inc (FRGT) Stock Split History

Freight Technologies Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on October 29, 2020 with the ratio of 1-for-5, meaning that for 5 shares of FRGT owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on September 25, 2024 on a 1-for-25 basis.

These splits have increased FRGT 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 Freight Technologies Inc's total market capitalization.

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

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