Stock Splits Scheduled for This Week (September 2 to September 5) – Keep Your Investments Active
Upcoming Stock Splits (September 2 - September 5)
- Overview of Stock Splits: Stock splits are a common practice in the financial market where companies increase the number of shares available without altering the overall market value. This typically results in a lower share price, making stocks more accessible to retail investors. Conversely, reverse stock splits consolidate shares, increasing the price per share to meet listing requirements or avoid delisting.
Companies Announcing Stock Splits
MSP Recovery (MSPR): Operating as LifeWallet, MSP Recovery announced a 1-for-7 reverse stock split effective September 1, aimed at increasing its share price to comply with Nasdaq’s $1.00 minimum bid rule after facing pressure for several months.
PMGC Holdings (ELAB): This diversified holding company revealed a 1-for-3.5 reverse stock split effective September 2, intended to enhance market stability and attract more investors.
FiscalNote Holdings (NOTE): The company, which provides AI-driven data platforms, executed a 1-for-12 reverse stock split on August 29 to align its stock price with NYSE listing standards after trading below $1 for an extended period.
TNF Pharmaceuticals (TNFA): A clinical-stage biotech firm, TNF Pharmaceuticals approved a 1-for-100 reverse stock split to improve its share structure and comply with Nasdaq’s minimum bid rule, effective September 2.
Lucid Group (LCID): Known for its luxury electric vehicles, Lucid Group announced a 1-for-10 reverse stock split effective August 29, aimed at boosting its share price and maintaining compliance with Nasdaq listing standards.
CNFinance Holdings (CNF): This Chinese financial services provider will implement a 1-for-10 reverse ADS split, changing its ADS ratio from 1:20 to 1:200 Class A shares, effective September 5, to enhance its per-share price and uphold its NYSE listing.
Conclusion
- Market Implications: These stock splits and reverse splits are strategic moves by companies to either attract new investors or ensure compliance with exchange listing requirements, reflecting their ongoing efforts to stabilize and enhance market perception. For further details on historical and upcoming stock splits, the TipRanks Stock Splits Calendar can be consulted.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Lucid Group securities between February 25 and April 13, 2026, to apply as lead plaintiffs by July 28, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Lucid failed to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially negatively impacted the company's business and financial results during the class period.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has achieved the largest securities class action settlement against a Chinese company, demonstrating its successful track record and extensive experience in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles to ensure effective legal representation in class actions, avoiding firms that merely act as intermediaries.
- Class Action Notice: Rosen Law Firm reminds investors who purchased Lucid Group securities between February 25 and April 13, 2026, to apply as lead plaintiffs by July 28, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Lucid made false and misleading statements during the class period, failing to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, negatively impacting the company's business and financial results.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, showcasing its expertise and success in this field.
- Investor Advisory: Investors are advised to carefully select qualified counsel with a proven track record, avoiding firms that merely act as intermediaries, to ensure they receive the best legal support and potential compensation in the class action.
- Class Action Notice: The Gross Law Firm has issued a notice to shareholders of Lucid Group, encouraging those who purchased LCID shares between February 25, 2026, and April 13, 2026, to contact the firm regarding potential lead plaintiff appointment for recovery participation.
- Allegations: The complaint alleges that during the class period, defendants made materially false and misleading statements, failing to disclose a supplier quality issue that significantly disrupted deliveries of the Lucid Gravity, which materially negatively impacted the company's business and financial results.
- Financial Impact: The defendants overstated Lucid's manufacturing and delivery capabilities, leading to public statements that were materially false and misleading at all relevant times, which could result in sustained negative effects on the company's stock price.
- Participation Deadline: Shareholders must register by July 28, 2026, to participate in the class action, and upon registration, they will receive status updates throughout the lifecycle of the case to ensure their rights are protected.
- Legal Investigation Launched: Faruq & Faruqi LLP is investigating potential claims against Lucid Group, particularly for investors who purchased securities between February 25, 2026, and April 13, 2026, indicating a commitment to protecting investor rights.
- Investor Rights Reminder: The firm reminds investors that July 28, 2026, is the deadline to seek the role of lead plaintiff in a federal securities class action, emphasizing the importance of timely action to safeguard legal rights.
- Direct Contact Channels: Securities Litigation Partner Josh Wilson encourages affected investors to contact him directly at 877-247-4292 or 212-983-9330 (Ext. 1310), providing a straightforward avenue for legal support.
- Class Action Context: This investigation is linked to a federal securities class action filed against Lucid Group, reflecting market concerns over the company's potential legal risks, which could impact its stock price and investor confidence.
- Stock Price Decline: Lucid Group's shares fell from $9.96 to $8.80, resulting in a combined loss of $1.57 per share, approximately 15.8% of shareholder value, indicating strong market reaction to the company's concealment of delivery disruptions.
- Delivery Halt Disclosure: On April 3, 2026, Lucid disclosed for the first time that Gravity SUV deliveries were halted for 29 days due to supplier issues, with a gap of 2,407 vehicles between production and deliveries, highlighting significant operational failures.
- Revenue Miss: On April 14, 2026, Lucid's preliminary Q1 revenue was reported at $280 million to $284 million, far below analysts' expectations of $433.8 million, triggering an additional $0.44 decline in share price, reflecting severe deterioration in the company's financial health.
- Lawsuit Initiation: A securities class action against Lucid has been initiated, with investors able to apply for lead plaintiff status by July 28, indicating a crisis of trust in the company's transparency and governance structure.
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Lucid Group for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between February 25 and April 13, 2026.
- False Statements Allegations: The complaint alleges that Lucid made false and misleading statements regarding its manufacturing capabilities, which were materially impacted by a supplier quality issue that disrupted deliveries and adversely affected business results.
- Investor Losses: Following the revelation of the truth about Lucid, investors suffered damages, prompting the Schall Law Firm to encourage affected shareholders to contact them before July 28, 2026, to participate in the lawsuit.
- Legal Consultation Opportunity: The Schall Law Firm offers free legal consultations, allowing investors to reach out via phone or website to understand their rights and participate in claims.








