Solowin Holdings agreed to sell 10,300,000 Class A ordinary shares in a registered direct offering at $1.20 per share, with expected gross proceeds of approximately $12,360,000. Closing is expected on or about November 20, 2026.
AXG · Solowin Holdings, Ltd. · Documents
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Solowin Holdings agreed to sell 1,000,000 Class B ordinary shares to Gemini Asia Holdings Limited for US$1,200,000, closing on or around November 20, 2026. The transaction will raise Chairman Ling Ngai Lok’s voting power to 57,959,561 votes, approximately 95.17%.
Solowin Holdings entered an at-the-market sales agreement on October 22, 2026 to sell up to $50,000,000 of Class A ordinary shares. It also closed September 10, 2026 note transactions totaling $425,000.00 each, with 100,000 commitment shares issued in aggregate.
Solowin Holdings shareholders approved a 1-for-200 share consolidation, increasing Class B voting power from ten to fifty votes per share, and adoption of amended articles.
Solowin Holdings seeks shareholder approval on October 13, 2026 for a 1-for-200 share consolidation, authorized capital increase to US$5,000,000,000, and increased Class B voting power of fifty (50) votes per share.
On September 21, 2026, Solowin Holdings issued Pre-Paid Purchase #3 to Streeterville Capital, LLC with a $2,160,000 principal amount and $2,000,000 purchase price, while agreeing to issue 5,250,000 Class A ordinary shares at $0.0001 per share.