Solowin Holdings Announces 1-for-200 Reverse Stock Split
Solowin Holdings (AXG) has officially announced a reverse share split for both its Class A and Class B ordinary shares. The consolidation will be executed at a ratio of 1-for-200, significantly reducing the total number of outstanding shares. The move is typically intended to increase the per-share price, often as a measure to maintain compliance with exchange listing requirements or to improve investor perception. Following the split, the newly consolidated Class A ordinary shares will begin trading on the NASDAQ.
Topics: reverse split share structure
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