Delixy Holdings Announces Reverse Share Split Effective September 28
News related to:Delixy Holdings Limited · 2 min read
SINGAPORE, Sept. 18, 2026 /CourierPR/ -- Delixy Holdings Limited announced on August 12, 2026, that its board of directors approved a reverse share split of its Class A ordinary shares and Class B ordinary shares, each with a par value of US$0.000005, on a one-for-five basis. The reverse split will take effect on September 28, 2026, and the company’s Class A ordinary shares will begin trading on the Nasdaq Stock Market LLC on a post-split basis under the symbol “DLXY” and a new CUSIP number, G2703G 111.
As a result of the reverse split, each five issued and outstanding Class A ordinary shares will be combined into one, and each five issued and outstanding Class B ordinary shares will be combined into one. This action will result in a proportional increase in the par value from US$0.000005 per share to US$0.000025 per share. The company’s authorized share capital, which remains unchanged at US$2,500, will be adjusted to 90,000,000 Class A ordinary shares and 10,000,000 Class B ordinary shares, each with a par value of US$0.000025. After the reverse split, Delixy Holdings Limited expects to have approximately 1,434,800 Class A ordinary shares and 1,835,200 Class B ordinary shares issued and outstanding.
The reverse split was authorized by the company’s shareholders at a general meeting held on February 23, 2026, where the shareholders approved the consolidation of the company’s ordinary shares within a specified range and authorized the board of directors to determine the final ratio, which the board fixed at one-for-five on August 12, 2026.
Transhare Corporation, the company’s transfer agent, will act as the exchange agent for the reverse split. Ordinary shares held in book-entry form or through a bank, broker, or other nominee will be adjusted automatically to give effect to the reverse split, and no action is required by those shareholders. Registered shareholders holding physical share certificates may (but are not required to) surrender their certificates to the transfer agent for reissuance in the post-split amount. For further information, please contact Transhare Corporation at (303) 662-1112.