Upcoming Stock Splits This Week (June 2 to June 6)

Business Insider

2 days ago

These are the upcoming stock splits for the week of June 2 to June 6, based on TipRanks' Stock Splits Calendar. A stock split is corporate move that increases the number of outstanding shares by distributing additional shares to existing shareholders, all without affecting the company's total market value. This typically results in a lower share price, making the stock more accessible, and potentially more attractive, to retail investors.
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While traditional stock splits aim to broaden appeal by lowering share prices, some companies take the opposite approach. A reverse stock split consolidates shares instead of dividing them, reducing the total count while raising the price per share. The overall market value remains unchanged, but the move is often used to comply with exchange listing requirements, such as Nasdaq's minimum price rule, and prevent delisting.
Strategic actions like these, whether to draw in investors or stay listed, often offer signals that savvy traders pay attention to.
Let's take a look at the upcoming stock splits for the week.
ARB IOT Group (ARBB) – Singapore-based ARB IOT Group provides integrated Internet of Things (IoT) solutions, including smart buildings, industrial automation, and connected agriculture systems. On May 29, the company announced a 1-for-15 reverse stock split as part of its efforts to meet Nasdaq's minimum bid price requirement. The split is set to take effect on June 2.
Lyell Immunopharma (LYEL) – Lyell Immunopharma is a clinical-stage biotech company developing T-cell reprogramming therapies for solid tumors. On May 29, the company announced a 1-for-20 reverse stock split as part of its effort to stay in line with Nasdaq's listing requirements. The split takes effect on June 2.
Applied DNA Sciences (APDN) – Applied DNA Sciences develops and commercializes DNA-based technologies for therapeutic manufacturing, diagnostics, and supply chain security. On May 29, the company announced a 1-for-15 reverse stock split as part of its efforts to meet Nasdaq's continued listing standards. The split is set to take effect on June 2.
Mullen Automotive (MULN) – California-based Mullen Automotive, known for its electric vehicles and battery tech, announced a 1-for-100 reverse stock split on May 29 in a bid to maintain its Nasdaq listing. The split, set to take effect on June 2, is part of the company's effort to meet minimum share price requirements and stay in compliance.
Ekso Bionics (EKSO) – Ekso Bionics develops wearable robotic exoskeletons to enhance mobility for people with physical limitations and for industrial use. On May 21, EKSO announced a 1-for-15 reverse stock split to restore compliance with Nasdaq's minimum price rule. The split will take effect on June 2.
AGM Group Holdings (AGMH) – AGM Group provides financial technology solutions and manufactures cryptocurrency mining equipment. On May 29, the company announced a 1-for-50 reverse stock split to meet Nasdaq listing criteria. The split will be effective on June 3.
ClearOne (CLRO) – ClearOne designs and sells audio-visual communications equipment including microphones, conferencing systems, and network media streaming solutions. On May 21, the company announced a 1-for-15 reverse stock split to regain Nasdaq compliance. The split will be effective on June 2, with trading on a split-adjusted basis starting June 3.
Oragenics (OGEN) – Oragenics is a biotechnology company focused on developing novel antibiotics and other treatments for infectious diseases. On May 28, the company announced a 1-for-30 reverse stock split to meet NYSE American listing standards. The split will be effective on June 3.