Imunon Inc (IMNN) Stock Split History

Imunon Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 28, 2006 with the ratio of 1-for-15, meaning that for 15 shares of IMNN owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on March 01, 2022 on a 1-for-15 basis.

These splits have increased IMNN 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 Imunon Inc's total market capitalization.

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

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