December 4th (Eastern Time) - $GRAYSCALE SOLANA TRUST (GSOL.US)$ is about to implement a 5-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from December 9th, 2024.
$GRAYSCALE SOLANA TRUST (GSOL.US)$ slipped 1.2% and closed at $167.97 on December 3rd with a turnover of $2.67 million. $GRAYSCALE SOLANA TRUST (GSOL.US)$ now has a total market capitalization of $4.06 billion.
What Is a Stock Split?
A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.
Note:
The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.