---
title: "Solowin Holdings drops 13% in premarket on 1-for-200 reverse split"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303351149.md"
description: "Solowin Holdings fell 12.50% to $0.0350 after announcing a 1-for-200 reverse split to meet Nasdaq's $1 bid rule."
datetime: "2026-10-28T08:01:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303351149.md)
  - [en](https://longbridge.com/en/news/303351149.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303351149.md)
generator: "portal-rs"
---

# Solowin Holdings drops 13% in premarket on 1-for-200 reverse split

Solowin Holdings (AXG.US) fell nearly **13%** in premarket trading to a record low of **$0.0350**.

The company announced a **1-for-200** reverse stock split to meet Nasdaq's minimum **$1** bid price requirement, with the consolidation effective Oct. 26. Solowin warned that there is no guarantee regarding the post-split share price; the stock has declined more than **98%** since August.

Separately, Solowin established a **$50 million** at-the-market equity offering program with Chaince Securities to fund working capital, digital financial infrastructure and AI data centers. The company also completed **$850,000** in debt financing via promissory notes in September.

Based on public media reports. AI-generated; not investment advice.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**