Key Highlights

  • Huachen AI Parking Management Technology (NASDAQ:HCAI) was up 15.89 percent at USD 2.93 in pre-market trading on November 2, 2026, after a 1-for-20 reverse split took effect on October 23, 2026.
  • Onconetix (NASDAQ:ONCO) was down 6.77 percent to USD 0.5230; a 1-for-10 reverse split takes effect on November 6, 2026.
  • Steakholder Foods (NASDAQ:STKH) was down 8.10 percent to USD 0.3777; a 1-for-5 reverse split is reportedly scheduled for November 9, 2026 (unconfirmed).
  • Huadi International (NASDAQ:HUDI) was down 7.70 percent to USD 0.4711; shareholders vote on an eight-for-one consolidation on November 16, 2026.
  • Mingteng International (NASDAQ:MTEN) was down 6.25 percent to USD 0.8000; a five-for-one consolidation vote is set for November 20, 2026.

Huachen AI Parking Management Technology (NASDAQ:HCAI): After the Split

Huachen AI Parking Management Technology (NASDAQ:HCAI) was up 15.89 percent at USD 2.93 in pre-market trading on November 2, 2026. No company announcement dated that day was identified, so the catalyst is not confirmed. After a split, share counts can leave very few shares available to trade, and price swings can be large, which is a measured interpretation and not a company statement.

The 1-for-20 reverse split took effect on October 23, 2026, cutting Class A shares outstanding from 10,379,942 to approximately 518,997. The company said the split is intended to support compliance with Nasdaq's minimum bid price requirement and that there is no assurance it will regain or maintain compliance. It is the second reverse split in 2026, following a 1-for-30 split effective April 13, 2026.

Onconetix (NASDAQ:ONCO): A Split Days Away

Onconetix (NASDAQ:ONCO) was down 6.77 percent to USD 0.5230 in pre-market trading on November 2, 2026. The previous close was about USD 0.5610 (calculated). Market data shows the shares rose on October 27, 2026, after the split announcement, so the decline may reflect some of that gain reversing. No company announcement dated November 2, 2026 was identified.

The 1-for-10 reverse split takes effect at 12:01 a.m. Eastern Time on November 6, 2026, cutting shares outstanding from about 5,886,774 to about 588,677. At the current pre-market price, the split implies a price near USD 5.23 (calculated), before any market reaction. The company also has a pending Acquisition of Realbotix LLC, and deal terms were not identified.

Steakholder Foods (NASDAQ:STKH): Going Concern Doubt Before a Split

Steakholder Foods (NASDAQ:STKH) was down 8.10 percent to USD 0.3777 in pre-market trading on November 2, 2026. No announcement dated that day was identified as the trigger. The decline comes one week before a reverse split, and ongoing stock issuance may also play a role in this penny stock.

Market reports said the 1-for-5 reverse split is effective on November 9, 2026; no company announcement was identified. Cash was USD 1.06 million on June 30, 2026, and the company's filing said this is insufficient to fund operations for at least 12 months, raising substantial doubt about its ability to continue as a going concern. The at-the-market program capacity was raised to up to USD 4,036,262 on October 5, 2026.

Huadi International (NASDAQ:HUDI): A Vote on Consolidation

Huadi International (NASDAQ:HUDI) was down 7.70 percent to USD 0.4711 in pre-market trading on November 2, 2026. No announcement dated that day was identified as the cause.

Nasdaq sent a staff determination letter on July 14, 2026, after the closing bid had been below USD 1.00 for 30 consecutive Business days. The compliance period ends January 11, 2027. Shareholders vote on November 16, 2026 on an eight-for-one share consolidation, a Par Value reduction and an increase in authorized shares to 500 million. Reported Revenue for the six months ended March 31, 2026 was about USD 24.5 million, down about 16.5 percent, and total borrowings rose to USD 21.6 million (not independently confirmed).

Mingteng International (NASDAQ:MTEN): Acquisition and Consolidation Notice

Mingteng International (NASDAQ:MTEN) was down 6.25 percent to USD 0.8000 in pre-market trading on November 2, 2026. No company announcement dated that day was identified. A consolidation meeting notice dated October 30, 2026 and an acquisition reported earlier in the month may be shaping trading.

Shareholders vote on November 20, 2026 on a five-for-one consolidation of Class A and Class B ordinary shares, described as taking effect on December 2. A filing dated October 6, 2026 said the company completed a USD 15 million purchase of HK Phoenix Gateway Alliance Limited, which is larger than fiscal 2025 revenue of USD 11.7 million (calculated comparison). A 1-for-200 reverse split took effect on January 26, 2026.

Where Things Stand

Each of these companies is dealing with share price pressure and uses, or plans to use, a reverse split or consolidation to address Nasdaq minimum bid rules. Only Huachen rose, after its split, while the other four were lower with splits or votes still ahead. Dates to watch include November 6 for Onconetix, November 9 for Steakholder, November 16 for Huadi and November 20 for Mingteng.