PPLT 424B3: Stock split
Filed with the SEC on · accession 0001999371-26-011102
PPLT filed a 424B3 (prospectus (offering)) with the SEC on May 19, 2026. The final terms of an offering of shares or bonds. The stock moved -2.4% by the first close after the filing.
Summary of the filing
The abrdn Platinum ETF Trust effected a 10-for-1 forward share split on May 18, 2026, increasing shares outstanding from 13.7 million to 137 million and reducing NAV per share from $178.62 to $17.86.
Key details
How PPLT stock reacted
Close before
$17.84
May 18, 2026
First close after
-2.35%
$17.42
5 trading days
-0.56%
$17.74
Since filing
-22.31%
$13.86
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Click hereFrequently asked questions
What did PPLT file with the SEC on May 19, 2026?
PPLT filed a 424B3 (Stock split). The abrdn Platinum ETF Trust effected a 10-for-1 forward share split on May 18, 2026, increasing shares outstanding from 13.7 million to 137 million and reducing NAV per share from $178.62 to $17.86.
What does a stock split mean for PPLT stock?
Usually: fewer shares means each remaining share owns more of the company. It matters whether the company actually buys and at what price.
How do I read a 424B3?
The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.
Why are SEC filings important?
Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B3 (prospectus (offering)): The final terms of an offering of shares or bonds.
How did PPLT stock react to this filing?
PPLT closed at $17.84 before the filing and $17.42 on May 19, 2026 (-2.35%). Five trading days later: $17.74 (-0.56%).
Other PPLT SEC filings
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