Key Highlights

  • Accuray Incorporated (NASDAQ:ARAY) was quoted 19.58% lower at USD 0.1199 in premarket trading on November 5, 2026, ahead of a 1-for-40 reverse split effective November 9, 2026. CL Workshop Group (NASDAQ:NWGL) was quoted 16.0% lower at USD 0.0466 per ADS before an ADS ratio change effective November 6, 2026.
  • Curis (NASDAQ:CRIS) was quoted 14.5% lower at USD 0.95, with Going Concern doubt in its latest 10-Q and a 1-for-20 reverse split completed on July 6, 2026.
  • JIADE Limited (NASDAQ:JDZG) was quoted 47.61% higher at USD 0.4452, after a 1-for-25 reverse split on March 23, 2026 and a Trading halt that ended on July 30, 2026.
  • Ohmyhome Limited (NASDAQ:OMH) was quoted 18.65% lower at USD 12.65 after a 1-for-50 reverse split on August 31, 2026 and restored Nasdaq compliance on September 17, 2026.

Curis (NASDAQ:CRIS): Split, Offering and Going Concern Doubt

Curis (NASDAQ:CRIS) was quoted 14.5% lower at USD 0.95 in premarket trading on November 5, 2026, per the premarket quote, and no company announcement for that day was found. The latest financing was a public offering completed in August 2026 with estimated net proceeds of about USD 4.8 million, following a 1-for-20 reverse split effective July 6, 2026. The company sold 335,001 shares at USD 1.50 plus pre-funded warrants for 3,398,333 shares at USD 1.49, and each investor received a five-year common Warrant exercisable at USD 1.75. In the quarter ended June 30, 2026 the net loss was USD 8.6 million and cash was USD 5.1 million, and the 10-Q states substantial doubt about the company's ability to continue as a going concern. A price of USD 0.95 sits below the USD 1.00 Nasdaq minimum bid, although no deficiency notice was found. Initial emavusertib data are guided for December 2026. Warrants add dilution risk, and a small number of trades can move the price, spreads can be wide and quoted moves can reverse.

Accuray Incorporated (NASDAQ:ARAY): A 1-for-40 Split Is Days Away

Accuray Incorporated (NASDAQ:ARAY) is the cleanest example of a pending reverse split, and the shares were quoted 19.58% lower at USD 0.1199 in premarket trading on November 5, 2026, per the premarket quote. In a release and Form 8-K dated November 4, 2026, the company said its board had approved a 1-for-40 split effective at 12:02 a.m. ET on November 9, 2026. Stockholders approved a range of up to 1-for-40 on October 6, 2026. About 120.2 million shares become roughly 3.0 million. Simple arithmetic on the quote gives about USD 4.80 per share on a split-adjusted basis, which is illustrative only. Nasdaq granted until February 1, 2027 to regain the USD 1.00 minimum bid, after the move to the Nasdaq Capital Market on August 6, 2026. The TCW financing includes a USD 40 million Debt exchange into convertible preferred stock and a USD 15 million Equity investment, which cut Leverage but add potential dilution. Reverse splits often bring weakness around the effective date, and quoted moves can reverse.

CL Workshop Group (NASDAQ:NWGL): An ADS Ratio Reset on November 6

CL Workshop Group (NASDAQ:NWGL), the forestry company behind the Nature Wood brand, was quoted 16.0% lower at USD 0.0466 per ADS in premarket trading on November 5, 2026, per the premarket quote. On November 4, 2026 it announced that each American Depositary Share will represent 640 Class A ordinary shares instead of 8, effective November 6, 2026 and subject to Nasdaq confirmation. For ADS holders that equals a one-for-80 reverse split, while the underlying ordinary shares are not issued, cancelled or altered. The step follows a Nasdaq letter dated May 6, 2026: the ADS closed below USD 1.00 for 30 consecutive Business days from March 24, 2026 through May 5, 2026, and the compliance period ended November 2, 2026. A second 180-day period was not confirmed. Curing the deficiency normally needs a closing bid of at least USD 1.00 for 10 consecutive business days, and ADSs reset from sub-penny levels often drift lower again if the business does not improve. A small number of trades can move the price, and quoted moves can reverse.

JIADE Limited (NASDAQ:JDZG): Financings, a Halt and a Wild Quote

JIADE Limited (NASDAQ:JDZG) was quoted 47.61% higher at USD 0.4452 in premarket trading on November 5, 2026, per the premarket quote, which implies a prior close near USD 0.30 on simple arithmetic. No same-day catalyst was found. The latest major update is Nasdaq resuming trading in its Class A ordinary shares on July 30, 2026, after a halt that began on June 8, 2026 for reasons not stated in the material reviewed. A 1-for-25 reverse split took effect on March 23, 2026, and the company raised funds through registered direct offerings: USD 3 million priced on February 18, up to USD 12.0 million priced on May 4, and an additional USD 8.64 million closed on June 1, 2026. Offering terms were not verified. On February 24, 2026 it also signed a non-binding memorandum on Korea and United States technology investments, which creates no obligation to complete a deal. Repeated offerings dilute holders, and in a stock quoted below USD 0.50 a small number of trades can move the price and quoted moves can reverse sharply.

Ohmyhome Limited (NASDAQ:OMH): Compliance Restored, Float Tiny

Ohmyhome Limited (NASDAQ:OMH) was quoted 18.65% lower at USD 12.65 in premarket trading on November 5, 2026, per the premarket quote, implying a prior close near USD 15.55 on simple arithmetic, and no same-day catalyst was found. On August 27, 2026 the company announced a 1-for-50 consolidation of its Class A and Class B ordinary shares, effective August 31, 2026, and on September 17, 2026 it said it had regained compliance with Nasdaq Listing Rule 5550(a)(2), the USD 1.00 minimum bid requirement. A Nasdaq notice announced July 16, 2026 had cited a closing bid below USD 1.00. Between notice and split, the company priced a USD 4 million registered direct offering on July 27, 2026, selling 20,000,000 shares or pre-funded warrants at USD 0.20, equal to USD 10.00 per post-split share on simple arithmetic. Published coverage of 2025 results cites Revenue of SGD 12.2 million, up 12.5%, and a net loss of SGD 9.2 million, and is single-source, so the figures are approximate. The split leaves a very small float, so large moves can occur on little volume, and further equity raises would dilute holders.

Where Things Stand

Reverse splits and listing compliance form a recurring pattern in which a sub-dollar price triggers a Nasdaq test, and the balance of evidence is that splits repair the quoted price but not the business, so moves around them deserve caution. Curis (NASDAQ:CRIS) pairs a completed split with going concern doubt. Accuray Incorporated (NASDAQ:ARAY) faces its 1-for-40 split on November 9, 2026. CL Workshop Group (NASDAQ:NWGL) resets its ADS ratio on November 6, 2026. JIADE Limited (NASDAQ:JDZG) combines a split, repeated offerings and a lifted halt. Ohmyhome Limited (NASDAQ:OMH) has regained compliance but trades on a tiny float. The next catalysts are the effective dates, Nasdaq confirmations, third-quarter filings and any new financing.