Key Highlights

  • Sangrix (NASDAQ:SGRX) slipped 12.51% to USD 0.6615, while 128 GPUs were anticipated this week.
  • Abits Group (NASDAQ:ABTS) fell 9.78% to USD 0.3609 after a USD 250 million Equity line registration took effect.
  • TruGolf Holdings (NASDAQ:TRUG) dropped 9.21% to USD 0.7163.
  • Hydrofarm (NASDAQ:HYFM) declined 7.84% to USD 0.617, one day after a USD 109 million term Loan was eliminated.
  • INLIF (NASDAQ:INLF) lost 11.83% to USD 0.2981, with warrants from a USD 3.75 million offering carrying price reset terms.

Sangrix (NASDAQ:SGRX) (down USD 0.0946, 12.51%): GPU Delivery Timing Overlaps a Reverse Split

Sangrix (NASDAQ:SGRX) fell 12.51% to USD 0.6615 in pre-market trading on November 4, 2026, implying a Tuesday close of about USD 0.7561 (calculated). No company announcement dated November 2, 3 or 4, 2026 was identified, so the cause remains unconfirmed.

A company release dated October 16, 2026 stated that 16 servers holding 128 Blackwell B300 GPUs were expected in Malaysia during the week of November 3, 2026, as part of a project described as an Acquisition worth roughly USD 11 million.

The risk is structural. A filing summary shows a 1-for-10 reverse split effective November 13, 2026, and noteholders converted Debt at USD 1.63 per share, according to a filing dated October 30, 2026. With about 3.6 million shares outstanding before those conversions, this Penny Stock has a very small float and heightened dilution risk.

Abits Group (NASDAQ:ABTS) (down USD 0.0391, 9.78%): An Equity Line Hangs Over a Modest Share Base

Abits Group (NASDAQ:ABTS) declined 9.78% to USD 0.3609 in pre-market trading on November 4, 2026, from an implied Tuesday close of about USD 0.40 (calculated).

A registration statement linked to a potential USD 250 million equity line became effective on November 2, 2026. The agreement includes a USD 7.5 million commitment fee, payable in shares or pre-funded warrants. The company stated that no definitive AI hosting agreements have been signed.

Full year 2025 Revenue was USD 9.13 million, with a net loss of USD 2.87 million. Based on roughly 3.2 million shares outstanding (calculated from earlier screen data), a Facility of that size points to considerable dilution risk.

TruGolf Holdings (NASDAQ:TRUG) (down USD 0.0727, 9.21%): Nasdaq Equity Rules Under Scrutiny

TruGolf Holdings (NASDAQ:TRUG) fell 9.21% to USD 0.7163 in pre-market trading on November 4, 2026. No company announcement dated November 2 to November 4, 2026 was identified, so the move appears to be trading driven rather than news driven.

On October 21, 2026, the company reported that it believed it had regained Nasdaq equity compliance following the Polymath Research acquisition and a Series B Warrant exercise. Second quarter 2026 revenue increased 34.4% to USD 5,792,180.

The risk is that stockholders' equity was USD 2,060,281 at the date of the Nasdaq notice, which is below the USD 2,500,000 minimum, and the financial statements include Going Concern language.

Hydrofarm (NASDAQ:HYFM) (down USD 0.0525, 7.84%): A Debt Swap Settled With Equity Instruments

Hydrofarm (NASDAQ:HYFM) fell 7.84% to USD 0.617 in pre-market trading on November 4, 2026. The probable trigger is a company release dated November 3, 2026 that announced a recapitalization.

Former lenders exchanged a USD 109 million term loan, which carried about USD 12 million a year in debt service, for USD 27.5 million of convertible preferred stock plus warrants over 27.5 million shares at USD 0.78. A registered direct offering and private Placement raised about USD 8.3 million gross.

The trade-off is dilution, with roughly 55 million potential new shares (calculated). The USD 1.00 minimum bid price issue remains unresolved.

INLIF (NASDAQ:INLF) (down USD 0.0400, 11.83%): Warrant Resets Hang Over a Sub-USD 0.30 Price

INLIF (NASDAQ:INLF) declined 11.83% to USD 0.2981 in pre-market trading on November 4, 2026, against an implied Tuesday close of about USD 0.3381 (calculated). No company announcement dated November 2, 3 or 4, 2026 was identified.

The background is a registered direct offering priced October 19, 2026 that raised about USD 3.75 million at USD 1.60. Series A and B warrants carry a one-time downward reset in mid-November 2026 (calculated), while Series C warrants depend on a price-based adjustment whose outcome the company has not disclosed. That link is an inference.

If all ordinary warrants were exercised, the offering document showed 30,458,162 Class A shares, so dilution risk is significant, and the low price could revive a Nasdaq bid price issue.

Where Things Stand

All five names trade below USD 1 and share a common theme: financing structures that could enlarge the share count. Hydrofarm has just swapped debt for equity instruments, and TruGolf is still working through Nasdaq equity requirements.

Next markers include the Sangrix GPU delivery and November 13, 2026 reverse split, Abits equity line usage, TruGolf's next periodic report, Hydrofarm's Shareholder vote and any INLIF warrant disclosure.