Solowin Holdings holds extraordinary shareholder meeting
AXG•Solowin Holdings shareholders approved a 1-for-200 share consolidation, scheduled for October 26, 2026, or another date set by the board in coordination with Nasdaq. They also approved a conditional increase in authorized share capital to US$5 billion and a conditional increase in Class B voting rights to 50 votes per share.
1. Shareholder approvals
At an extraordinary general meeting on October 13, 2026, Solowin Holdings shareholders approved a 1-for-200 share consolidation, scheduled for October 26 or another board-determined date coordinated with Nasdaq. Shareholders also authorized increasing share capital from US$100,000 to US$5 billion, comprising 250 billion shares, subject to the consolidation taking effect. Class B shares were approved for 50 votes per share, up from 10, conditional on Class B shareholder approval. Revised memorandum and articles of association were approved for adoption once the consolidation, capital increase and voting-power change take effect.
