SOLOWIN HOLDINGS (NASDAQ: AXG), a financial technology firm focused on traditional and digital assets, has 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 significant because it dramatically reduces the number of outstanding shares while increasing the par value, a move that can affect the stock’s liquidity, market perception, and compliance with Nasdaq listing requirements. By shrinking the share count, the company may be aiming to boost its per-share price to meet minimum bid price rules and attract a broader range of institutional investors who often avoid low-priced stocks. However, the caution that the adjusted price may not be sustained underscores the risk that the split could be followed by volatility, as has occurred with other reverse splits.
For SOLOWIN HOLDINGS, which operates a dual-token digital economy platform combining blockchain and artificial intelligence, the reverse split comes as it seeks to capitalize on the growing digital asset sector. The company’s offerings span stablecoin issuance and payments, asset tokenization, securities trading and asset management, as well as AI-powered services including cloud infrastructure and Know-Your-Agent verification. Through its integrated ecosystem, including AX COIN, AX ONE, FERION, SOLOMON, SCION, and KOVAR, AXG aims to empower global institutions and investors. More information is available at https://www.alloyx.com or the Investor Relations webpage at https://ir.alloyx.com.
Investors and market watchers will be closely monitoring the post-split trading performance to gauge whether the reverse split achieves its intended objectives or introduces new challenges. The latest news and updates relating to AXG are available in the company’s newsroom at https:/ibn.fm/AXG.
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