**Corporate Actions: Upcoming Stock Splits for the Week of October 7-11**
A stock split is a strategic move by companies to increase liquidity and make their shares more accessible to individual investors. This week, several companies are set to undergo stock splits, which will impact their share prices and market capitalization. Here’s a rundown of the upcoming stock splits:
**ams OSRAM AG (AMSSY)**: The Austrian semiconductor company will undergo a 1-for-10 reverse stock split, effective October 7, affecting its unsponsored American Depositary Receipts (ADRs).
**Reneo Pharmaceuticals (RPHM)**: Following its merger with OnKure Therapeutics, Reneo will effect a 1-for-10 reverse stock split of its common stock, with shares trading under the new ticker symbol “OKUR” starting October 7.
**A2Z Smart Technologies Corp. (AZ)**: The Israeli tech firm will implement a 1-for-2.5 reverse stock split to comply with Nasdaq’s minimum bid price requirement, effective October 8.
**Vision Marine Technologies (VMAR)**: The electric outboard marine powertrain systems manufacturer will undergo a 1-for-9 reverse stock split to increase its share price and regain compliance with Nasdaq’s listing rules, effective October 8.
**Agrify Corp. (AGFY)**: The cannabis industry solutions provider will effect a 1-for-15 reverse stock split to meet Nasdaq’s minimum bid price requirement, with shares trading on a split-adjusted basis starting October 8.
**Safe & Green Development Corp. (SGD)**: The real estate development company will undergo a 1-for-20 reverse stock split to regain compliance with Nasdaq’s listing rules, effective October 8.
**MicroCloud Hologram (HOLO)**: The Chinese holographic solutions provider will implement a 1-for-20 reverse stock split to meet Nasdaq’s minimum bid price requirement, effective October 9.
**Sony Group Corporation (SONY)**: The Japanese electronics giant will undergo a 5-for-1 stock split of its ADRs, effective October 9.
**Nidec Corp. (NJDCY)**: The Japanese industrial and electric motor manufacturer will implement a 2-for-1 stock split of its common stock, effective October 9.
**GreenFirst Forest Products (ICLTF)**: The Canadian sustainable forest management company will undergo a 1-for-1,000 reverse stock split, with shares trading on a split-adjusted basis starting October 9.
**TDK Corp. (TTDKY)**: The Japanese electronics components manufacturer will effect a 5-for-1 stock split of its ADRs, effective October 9.
**Sequans Communications SA (SQNS)**: The French semiconductor company will implement a 1-for-2.5 reverse stock split of its ADS, effective October 9.
**Alfa SAB de CV Class A (ALFFF)**: The Mexican specialty chemicals manufacturer will issue rights to its shares in a 1:1 ratio, with an ex-date of October 9.
**NV5 Global (NVEE)**: The US technology and consulting services provider will undergo a 4-for-1 stock split to increase liquidity and attractiveness, with shares trading on a split-adjusted basis starting October 11.
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