Tonix Pharmaceuticals Holding Corp (TNXP) Stock Split History

Tonix Pharmaceuticals Holding Corp has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on May 01, 2013 with the ratio of 1-for-20, meaning that for 20 shares of TNXP owned pre-split, shareholders then owned 1 share. 6 more splits have been implemented since then. The most recent stock split took place on June 10, 2024 on a 1-for-32 basis.

These splits have increased TNXP 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 Tonix Pharmaceuticals Holding Corp's total market capitalization.

For more detailed information of Tonix Pharmaceuticals Holding Corp's stock splits, view the table below:

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