GRI Bio, had a RS split this same week, but it also had good news coming with it which I'll post down below.
This RS makes the float become 540k shares which 31% of those shares being owned by insider's leaving only 370k tradable shares, that's just insane if it sparks.
It's just seating at a price close to 5$ which makes almost out of the pennystocks range which makes people see it like a safer secure stock.
Then also here are some good news from this same week, which makes the stock considering for a mid-term play:
From Stocks Titan:
"GRI Bio (NASDAQ: GRI) announced that the U.S. Patent and Trademark Office issued U.S. Patent No. 12,528,775 on January 26, 2026, granting composition-of-matter claims for a distinct class of proprietary compounds.
The patent covers linked molecular structures that form pyrrolidine, piperidine, or azepane ring systems, which the company says are separate from prior patents and strengthen its intellectual property estate. The issuance supports GRI Bio’s platform targeting NKT cell biology and complements its lead program GRI-0621 and a chemistry library of over 500 proprietary compounds."
I would say it's at least a stock to consider watching.