SOLOWIN HOLDINGS (NASDAQ: AXG), a financial technology firm focused on traditional and digital assets, announced a 1-for-200 reverse share split of its outstanding Class A and Class B ordinary shares. The company’s Class A shares will begin trading on a split-adjusted basis on the Nasdaq Capital Market on Oct. 29, 2026, under the existing ticker symbol AXG and a new CUSIP number.
The reverse split will reduce outstanding Class A shares from approximately 201.5 million to 1.01 million and Class B shares from approximately 31.4 million to 156,858, subject to adjustments for fractional shares. The par value of both share classes will increase from $0.0001 to $0.02 per share. The reverse split was approved by the company’s board of directors on Oct. 2, 2026, and shareholders on Oct. 13, 2026.
No fractional shares will be issued, with fractional interests rounded up to the nearest whole share. The company expects the post-split trading price to initially reflect approximately 200 times the pre-split price but cautioned that the adjusted price may not be sustained. Shareholders holding shares electronically or through brokerage accounts will not need to take any action. To view the full press release, visit https://ibn.fm/1zK3Y.
The reverse split is a significant corporate action that impacts the company’s capital structure and may affect investor perception. By reducing the number of outstanding shares, the company aims to increase the market price per share, which could help it maintain compliance with Nasdaq’s minimum bid price requirement. However, the company’s caution that the adjusted price may not be sustained underscores the uncertainty surrounding such moves.
SOLOWIN HOLDINGS, established in 2016, combines blockchain and artificial intelligence technologies to operate a fully compliant dual-token digital economy super platform. Guided by the mission “Mobilizing Tokens 24/7,” AXG operates two core business pillars: Digital Asset Tokens and AI Tokens. Its offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure, Know-Your-Agent verification, and token router. Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, AXG empowers global institutions and investors to capitalize on the rapid growth of the dual-token economy. For more information, visit the Company’s website at https://www.alloyx.com or Investor Relations webpage at https://ir.alloyx.com.
Investors can stay updated on AXG news through the company’s newsroom at https:/ibn.fm/AXG. The announcement was distributed by CryptoCurrencyWire, a specialized communications platform focused on blockchain and cryptocurrency. CCW is part of the Dynamic Brand Portfolio at IBN, which provides wire solutions via InvestorWire, editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and corporate communications solutions.
The reverse split may have implications for current and prospective shareholders, as it alters the number of shares outstanding and the share price. While the split does not change the underlying value of the company, it can affect liquidity and market perception. The company’s focus on digital assets and AI tokens positions it in a rapidly evolving sector, and this corporate action may be part of its strategy to enhance shareholder value and market position.
