Upcoming stock splits for the week of August 11 to August 15 include NuCana (NCNA), Veru (VERU), Energous (WATT), and Shineco (SISI). These splits are designed to broaden a stock's reach by lowering its price tag, but some companies flip the script with a reverse stock split, merging shares and boosting the price per share.
This week, several companies are scheduled to undertake stock splits, a move aimed at broadening a stock's reach by lowering its price tag. Among them are NuCana (NCNA), Veru (VERU), Energous (WATT), and Shineco (SISI). While traditional stock splits involve the issuance of new shares, some companies opt for reverse stock splits, merging shares and boosting the price per share [1].
NuCana (NCNA) is set to effect a one-for-two hundred (1-200) reverse stock split. This means that each American Depositary Share will represent 5,000 Ordinary Shares, up from 25. The reverse stock split will become effective on Monday, August 11, 2025, and the CUSIP number will change to 67022C304 [1].
Veru (VERU), a late clinical stage biopharmaceutical company, is also planning a reverse stock split. The company will implement a 1-for-10 reverse stock split, effective at 11:59 pm CT on Friday, August 8, 2025. The new CUSIP number will be 92536C202, and the stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis on August 11, 2025 [2].
Energous (WATT) and Shineco (SISI) are also scheduled for stock splits, but the details of these splits are not yet available in the provided materials.
These stock splits are designed to make the stocks more accessible to a broader range of investors by lowering their price, which can attract more retail investors. Reverse stock splits, on the other hand, are used to boost the price per share, often to meet the minimum bid price requirements of certain stock exchanges.
Investors should monitor these upcoming stock splits and consider the potential impact on the companies' share prices and market capitalizations.
References:
[1] http://www.nasdaqtrader.com/TraderNews.aspx?id=ECA2025-431
[2] https://www.globenewswire.com/news-release/2025/08/06/3128327/11676/en/Veru-Announces-Reverse-Stock-Split.html
Comments
No comments yet