Upcoming Stock Splits and Reverse Splits This Week: July 7 to July 11

Upcoming stock splits for the week of July 7 to July 11 include Fly-E Group (FLYE), BioVie (BIVI), Revelation Biosciences (REVB), Cyclacel Pharmaceuticals (CYCC), and Nuwellis (NUWE). These companies are undergoing reverse stock splits to boost their share prices and meet Nasdaq's listing standards. The splits will take effect on July 7, with shares trading on a split-adjusted basis.

Investors should be aware of several upcoming stock splits this week, which are designed to boost share prices and meet Nasdaq's listing requirements. Key companies undergoing reverse stock splits include Fly-E Group (FLYE), BioVie (BIVI), Revelation Biosciences (REVB), Cyclacel Pharmaceuticals (CYCC), and Nuwellis (NUWE). These splits will take effect on July 7, with shares trading on a split-adjusted basis.

Fly-E Group, a designer and seller of electric motorcycles and bikes, will implement a 1-for-5 reverse stock split. This move aims to increase the company's market price per share and attract institutional investors, as its stock has lost over 83% of its value in the past year [4]. The reverse split will reduce the number of outstanding shares from 53,183,053 to approximately 10,636,611.

BioVie, a biopharma innovator focused on therapies for serious fibrotic diseases, is enacting a 1-for-10 reverse split. This will lift its share price above Nasdaq's minimum threshold, effective July 7 [3].

Revelation Biosciences, which is working on breakthroughs in chronic kidney disease, will implement a 1-for-3 reverse split. This move is also effective on July 7 and aims to maintain the company's listing [3].

Cyclacel Pharmaceuticals, a clinical-stage biotech creating next-generation cancer drugs, has announced a 1-for-15 reverse split. This split will keep its shares trading above Nasdaq's required minimum, effective July 7 [3].

Nuwellis, a trailblazer in medical-tech fluid management, has finalized a significant 1-for-42 reverse stock split. Trading on a split-adjusted basis begins at the market open on July 7 [3].

These reverse stock splits are strategic moves to boost share prices and comply with Nasdaq's listing standards. Investors should monitor these developments closely, as they may impact the companies' stock prices and overall market dynamics.

References:
[1] https://www.angelone.in/news/dividend-bonus-right-issue-stock-split-this-week-july-7-11-sun-pharma-jsw-steel-titan-and-more
[2] https://www.marketwatch.com/investing/stock/lrhc
[3] https://www.dailychhattisgarh.com/latest/from-1-for-3-to-1-for-160-a-wave-of-reverse-stock-splits-hits-the-market/4625/
[4] https://ca.investing.com/news/company-news/flye-group-announces-1for5-reverse-stock-split-to-maintain-nasdaq-listing-93CH-4088290