Tian Ruixiang to Implement 1-for-50 Reverse Split, Raising Par Value to $6.25
Tian Ruixiang Holdings will implement a 1-for-50 reverse stock split, expected to become effective on Nasdaq during the week of March 16, 2026. The par value of both Class A and Class B shares will increase from US$0.125 to US$6.25, with fractional shares rounded up.
1. Reverse Split Details
Following its annual general meeting on February 17, the board approved a 1-for-50 reverse stock split of ordinary shares. The split is expected to take effect for trading purposes on Nasdaq during the week of March 16, pending final processing.
2. Par Value Increase and Fractional Shares
As part of the reverse split, the par value of Class A and Class B shares will be increased from US$0.125 to US$6.25 per share. No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share.
3. Trading Basis and CUSIP Update
Post-split Class A ordinary shares will begin trading on a split-adjusted basis under the same ticker symbol on Nasdaq. The CUSIP number for the new shares will be G8884K144.
4. Company Profile
Headquartered in Beijing, Tian Ruixiang Holdings Ltd operates as an insurance broker through a China-based variable interest entity, distributing property and casualty products as well as health, life and other miscellaneous insurance offerings.