SOLOWIN HOLDINGS (NASDAQ: AXG), a financial technology firm focused on traditional and digital assets, will proceed with a 1-for-200 reverse share split of its outstanding Class A and Class B ordinary shares, the company announced. The split takes effect when Class A shares 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 mechanics are significant for shareholders. 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 company’s board of directors approved the split on Oct. 2, 2026, and shareholders approved it on Oct. 13, 2026. No fractional shares will be issued, with fractional interests rounded up to the nearest whole share. Shareholders holding shares electronically or through brokerage accounts will not need to take any action.
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. That caveat matters because reverse splits are often used by companies whose shares trade below the Nasdaq’s minimum bid price, and the resulting higher nominal price can help satisfy listing standards and attract institutional investors that avoid low-priced stocks. For SOLOWIN, the move arrives as it positions itself as a regulated fintech operating a dual-token digital economy platform.
Established in 2016, AXG 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 aims to empower global institutions and investors to capitalize on the growth of the dual-token economy.
Investors can review the full press release at https://ibn.fm/1zK3Y. Additional information is available on the company’s website at https://www.alloyx.com or its investor relations page at https://ir.alloyx.com. The latest news and updates relating to AXG are available in the company’s newsroom at https:/ibn.fm/AXG.
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For SOLOWIN, the reverse split is a structural change that will make its share count far smaller and its per-share price nominally higher, but the company’s long-term value will depend on execution across its digital asset and AI token businesses. The split’s effectiveness in supporting the stock will be tested once trading begins on a split-adjusted basis on Oct. 29, 2026.
