Upcoming Stock Splits This Week (August 4 to August 8): A Guide to Stock Split Strategies

Several companies are set to undergo stock splits in the week of August 4 to August 8. NewGenIVF Group, Anghami Inc., Aqua Metals, and Flora Growth will all undergo reverse stock splits to regain Nasdaq listing requirements or meet minimum bid price requirements. The splits are intended to lower the price per share and make the stock more accessible to investors. The main idea is to appeal to a broader investor base or stay compliant with stock exchange rules.

Several companies are set to undergo reverse stock splits this week, from August 4 to August 8. These splits are aimed at meeting Nasdaq listing requirements or minimum bid price standards, making the stocks more accessible to a broader range of investors.

Flora Growth Corp. (NASDAQ: FLGC) announced a 1-for-39 reverse stock split, effective at 5:00 p.m. Eastern Time on Sunday, August 4. The company, valued at $11.5 million and trading near its 52-week low, stated that its shares will begin trading on a post-split basis on the Nasdaq Capital Market starting Monday. The reverse split was approved by shareholders at the company's annual and special meeting on June 30, 2025, and finalized by the board of directors on July 10, 2025 [1].

FiscalNote Holdings, Inc. (NYSE: NOTE) also filed a preliminary information statement with the Securities and Exchange Commission (SEC) to authorize a reverse stock split at a ratio ranging from 1:2 to 1:15. The move is intended to bring the company into compliance with the NYSE's continued listing standard requiring an average closing share price of at least $1.00 over a consecutive 30 trading-day period. The split is expected to take effect by October 10, 2025, to avoid delisting [2].

NewGenIVF Group, Anghami Inc., and Aqua Metals are also scheduled to undergo reverse stock splits this week. These companies are aiming to lower their share prices to meet Nasdaq listing requirements or minimum bid price standards, making their stocks more attractive to a broader investor base.

Reverse stock splits are a strategic move for companies facing financial challenges or seeking to regain compliance with stock exchange rules. By reducing the number of outstanding shares, companies can increase their stock price, potentially making the stock more appealing to investors.

References

[1] https://www.investing.com/news/sec-filings/flora-growth-enacts-1for39-reverse-stock-split-on-nasdaq-93CH-4167800

[2] https://fiscalnote.com/press-room/fiscalnote-files-preliminary-information-statement-to-authorize-process-for-potential-reverse-stock-split-at-boards-discretion