1:500 + 1:50 + 1:15 + 1:10 + 1:8 + 1:5 + 2:1 Reverse Stock Splits: 9 Stocks To Split On US Market On August 24

At least nine companies will be in focus on August 24 for reverse stock splits in the ratio of the highest 1:500 to 2:1 and lowest 1:5. In the case of reverse stock splits, multiple shares are combined as one equity share, however, the ratio is decided by the company. In such cases, the market price of the respective listed company rises but number of shares reduces. These nine stocks are listed majorly on Nasdaq, while one stock is listed on NYSE.

1:500 Stock Split

An Israel-based pharmaceutical company, Tikun Olam Cannbit Pharmaceuticals, is splitting its shares in the ratio of 1:500. The company is engaged in producing cannabis for medical purposes in this country. Tikun shares are available on OTC platforms. The stock split will be carried on ordinary shares. But what is interesting is that this will be the second stock split by Tikun in 2026. Earlier, Tikun shares split in the ratio of 1:100, and its record date was on March 02, 2026.

1:50 Stock Split

Greenland Mines, which trades on Nasdaq, will implement a reverse stock split of 1:50 ratio. Greenland is traded around $10.14 apiece on the exchange.

The company is focused on building a multi-asset platform with exposure to rare earth magnet materials, precious metals, and select midstream processing opportunities, while advancing its broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

1:15 Stock Splits

Two stocks traded on Nasdaq are splitting in the ratio of 1:15. These companies are bioAffinity Technologies and VCI Global Limited.

bioAffinity stock is around $6 per piece. The company is carrying a reverse stock split of 1:15 ratio, which will be in effect on Nasdaq from August 24, 2026. It said, the ompany's common stock will trade on a post-split basis under the symbol BIAF.

"As a result of the reverse stock split, every 15 shares of issued and outstanding common stock will be exchanged for one share of common stock. Any stockholders who would have otherwise received fractional shares will receive cash in lieu of such fractional shares," bioAffinity said.

bioAffinity addresses the need for noninvasive diagnosis of early-stage cancer and other diseases of the lung and broad-spectrum cancer treatments.

Meanwhile, VCI Global is an AI-native operating platform. This company is also carrying a reverse stock split of 1:15 ratio under its existing ticker of VCIG with a new CUSIP.

1:10 Stock Split

BRC Inc, which is listed on NYSE, will reverse split its shares in the ratio of 1:10. BRC Inc is a veteran-controlled company which is engaged in the business of premium coffee, content, and merchandise to active military, veterans, and first responders. The company's stock is around $8.80 apiece on NYSE.

1:8 Stock Splits

Once again two stocks on Nasdaq will reserve split in the ratio of 1:8. These are GameSquare Holdings and Skye Bioscience.

GameSquare's is a digital gaming company with an audience of over 1 billion. The company aims to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences.

Meanwhile, Skye Bioscience is a biotechnology company developing next-generation drugs to treat obesity and other metabolic diseases.

1:5 Stock Split

Only one stock is reverse splitting in 1:5 ratio and it is listed on Nasdaq. This is called InterCure is another Israeli company which is leading and fastest growing cannabis company outside of North America.

2:1 Stock Split

IES Holdings is the only stock to reverse split in the ratio of 2:1 on Nasdaq on August 24.

IES Holdings, Inc., formerly known as Integrated Electrical Services, Inc., designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities, as per Wikipedia.

What Are Reverse Stock Splits?

In a reverse stock split, a company combines multiple shares into one, reducing the number of outstanding shares and increasing each new share's price without changing the company's market capitalization, as per Charles Schwab blog. Here's an example:

For example, if a company with 1 million shares trading at $10 per share executes a 1-for-2 reverse stock split, the number of outstanding shares would drop to 500,000 and the per-share price would rise to $20 ($10 x 2).

With a reverse split, Schwab's note said, a company can potentially reduce the volatility of its shares or dampen speculative trading by making shares more expensive to trade. Companies may also engineer a reverse split to keep their share price above a set value, such as $1, when falling below that price point would cause the stock to be delisted from its exchange. However, investors and analysts sometimes view reverse stock splits as a bearish signal because they can be a last-ditch effort to avoid delisting and may be a sign of financial distress.

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