---
title: "Solowin Holdings slides 14% in premarket on 1:200 reverse split"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303573803.md"
description: "Solowin Holdings fell 13.73% to $4.90 after announcing a 1:200 reverse split to meet Nasdaq's $1 minimum bid rule."
datetime: "2026-10-29T13:06:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303573803.md)
  - [en](https://longbridge.com/en/news/303573803.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303573803.md)
generator: "portal-rs"
---

# Solowin Holdings slides 14% in premarket on 1:200 reverse split

Solowin Holdings (AXG.US) slid nearly **14%** in premarket trading to **$4.90**, hitting a 52-week low.

The company announced a **1:200** reverse stock split to meet Nasdaq's minimum **$1** bid price requirement, with the consolidation effective Oct. 26. Solowin warned that post-split share prices cannot be guaranteed, noting the stock has fallen more than **98%** since August.

In recent corporate developments, 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. Shareholders previously approved increasing authorized share capital to **$5 billion** and raising voting rights for Class B common stock to 50 votes per share from 10.

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.**