Upcoming Stock Splits This Week (May 18 to May 22) – Stay Invested

These are the upcoming stock splits for the week of May 18 to May 22, based on TipRanks’ Stock Splits Calendar. Stock splits have long been used to make shares appear more accessible to everyday investors. A company increases the number of shares while lowering the price per share, making the stock seem less intimidating for smaller investors and often easier to trade, even though the business itself does not become more valuable.

These days, though, the market is seeing far more reverse stock splits than traditional ones. In a reverse split, companies combine existing shares into fewer, higher-priced shares, usually to lift the stock price back above exchange minimums and avoid potential delisting risks from marketplaces like Nasdaq.

Whether companies are trying to make their shares appear more affordable or simply fighting to remain listed, stock splits tend to attract investor interest. Beyond the mechanical changes, these corporate actions can offer insight into management’s confidence, the company’s financial position, and how leadership views the road ahead.

Let’s take a look at the upcoming stock splits for the week.

Yimutian Inc. (YMT) – Yimutian operates a digital freight and agricultural logistics platform in China, connecting truck drivers, shippers, and wholesale produce markets through data-driven transportation services. The company’s ecosystem covers freight matching, cold-chain logistics, fuel procurement, and financial services tailored to China’s large agricultural supply chain. Yimutian went public on Nasdaq in August 2025, though shares have since collapsed amid persistent losses, weak liquidity, financing concerns, and Nasdaq compliance pressure following a prolonged move below $1. On May 14, Yimutian announced a 1-for-15 reverse stock split of its American Depositary Shares alongside an ADS ratio change to maintain its Nasdaq listing standards. The split is set to take effect on May 18.

NFT Ltd. (MI) – NFT, formerly known as Takung Art, operates an online trading platform focused on international art and collectible assets. The Hong Kong-based company facilitates ownership and trading of artwork and collectibles through a digital marketplace model aimed at expanding investor access to alternative assets. NFT shares tumbled in March after the company announced a $2.8 million registered direct offering with warrants, raising dilution concerns and triggering heavy selling pressure. On May 6, NFT announced a 1-for-80 reverse stock split of its Class A and Class B ordinary shares. The split is expected to take effect on or about May 18.

Propanc Biopharma (PPCB) – Propanc Biopharma is an Australia-based biotechnology company developing novel cancer therapies designed to target and prevent tumor recurrence and metastasis. The company’s lead asset, PRP, is a proenzyme-based treatment being developed for advanced solid tumors, including pancreatic, ovarian, and colorectal cancers. Propanc shares have fallen heavily over the past year following the company’s Nasdaq uplisting and related financing activity, including a $4 million offering that significantly diluted existing shareholders and added pressure to the stock. On May 13, Propanc announced a 1-for-25 reverse stock split to restore compliance with Nasdaq’s minimum bid price requirement. The split is expected to take effect on May 18.

Freight Technologies (FRGT) – Freight Technologies operates a technology-driven logistics platform focused on cross-border shipping between the United States and Mexico. The company’s Fr8App marketplace uses AI and real-time data tools to connect carriers and shippers while improving route efficiency, freight visibility, and supply-chain coordination. However, FRGT shares have plunged over the past year as the company’s core business weakened, with ongoing losses, liquidity pressures, and growing concerns about its ability to continue as a going concern. On May 13, FRGT announced a 1-for-5 reverse stock split to meet Nasdaq’s $1 minimum bid price requirement for continued listing. The split is set to take effect on May 18.

ReTo Eco-Solutions (RETO) – ReTo Eco-Solutions is a China-based company focused on ecological environmental protection equipment, intelligent mining equipment, and smart craft beer machinery. The company operates through subsidiaries engaged in the research, development, and sale of environmentally focused industrial systems and manufacturing solutions. However, RETO shares have collapsed over the past year as investors grew concerned over a sharp revenue decline driven by weakening demand for the company’s environmental protection equipment business. On May 13, ReTo announced a four-to-one share combination of its Class A shares to increase the market price per share and maintain its Nasdaq listing. The share combination is set to take effect on May 18, 2026.

AiRWA Inc. (YYAI) – AiRWA develops AI-powered digital engagement and conversational technology platforms aimed at enterprise communication, automation, and interactive customer experiences. The company’s offerings combine machine learning, data analytics, and automation tools designed for scalable business applications across several industries. However, shares have lost substantial ground over the past year amid heavy dilution, repeated reverse-split activity, and concerns surrounding the company’s shifting business direction. Investor sentiment also weakened as the company continued posting losses and volatility tied to speculative Web3 and tokenization initiatives. On May 14, AiRWA announced a 1-for-40 reverse stock split to support compliance with Nasdaq’s continued listing standards. The split is expected to take effect on May 18.

Reliance Global Group (EZRA) – Reliance Global is an insurance technology and financial services company focused on integrating AI, cloud-based platforms, and digital distribution tools into the traditional insurance market. The company operates through subsidiaries serving personal and commercial insurance clients while also developing its proprietary RELI Exchange platform aimed at modernizing insurance agency operations. However, EZRA shares have declined steeply over the past year amid heavy shareholder dilution, recurring losses, and mounting concerns over the company’s weak cash position and continued reliance on external financing. The stock also came under pressure as Nasdaq compliance risks intensified, leading to a 1-for-40 reverse stock split announced on May 14. The split is set to take effect on May 18.

Aditxt (ADTX) – Aditxt is a health innovation platform focused on accelerating biotechnology and precision-health solutions through acquisitions, partnerships, and collaborative research ecosystems. The company’s portfolio spans immune monitoring, cancer diagnostics, and proteomics technologies aimed at improving personalized healthcare and therapeutic development. However, ADTX stock has suffered a major selloff over the past year as investors grew concerned over Aditxt’s acquisition-heavy expansion strategy, particularly the troubled Evofem Biosciences transaction, which faced repeated delays, financing complications, multiple merger amendments, and periods of uncertainty surrounding the deal’s completion. On May 14, Aditxt announced a 1-for-27 reverse stock split to regain compliance with Nasdaq’s minimum bid price requirement. The split will take effect on May 18.

EZGO Technologies (EZGO) – EZGO is a China-based mobility and battery technology company producing electric bikes, scooters, tricycles, and battery systems for urban transportation markets. The company also develops smart charging infrastructure and lightweight electric mobility solutions aimed at both consumer and commercial applications. However, EZGO shares have cratered over the past year as investor sentiment deteriorated after the company’s traditional e-bike business weakened sharply, pushing EZGO to pivot more aggressively toward its battery business in an effort to stabilize operations. On May 15, EZGO announced a 1-for-150 reverse stock split of its ordinary shares to maintain compliance with Nasdaq’s continued listing standards. The split is set to take effect on May 19.

Neo-Concept International (NCI) – Neo-Concept International is a Hong Kong-based apparel solution services provider offering supply-chain management, product design, raw material sourcing, production control, and logistics support for European and North American fashion customers. The company also operates its “Les100Ciels” fashion brand through retail stores in the UK and UAE alongside e-commerce channels. However, NCI shares collapsed from March highs after the company announced a heavily dilutive $8.1 million public offering priced at just $0.5454 per share. On May 15, Neo-Concept International announced an 8-to-1 share consolidation, which is set to take effect at market open on May 19.

To find more information about historical and upcoming stock splits, visit the TipRanks Stock Splits Calendar.