Delixy Holdings Ltd (DLXY) Form 6-K — Sep 18, 2026
Delixy Holdings Limited (Nasdaq: DLXY) announced a 1-for-5 reverse share split that takes effect when its Class A ordinary shares begin trading on a post-split basis on September 28, 2026, under the same symbol and a new CUSIP, G2703G 111. Every five Class A and Class B ordinary shares will combine into one, raising par value from US$0.000005 to US$0.000025, and the company expects approximately 1,434,800 Class A and 1,835,200 Class B shares outstanding after the split. The company stated the split is intended to increase the per-share market price so it can maintain its Nasdaq listing, which typically signals the shares have been trading near the exchange's minimum bid price requirement.
Key figures
- New cusip
- G2703G 111
- Effective date
- 2026-09-28
- Reverse split ratio
- 1:5
- Pre split par value usd
- 0.000005
- Post split par value usd
- 0.000025
- Authorized class a shares
- 90000000
- Authorized class b shares
- 10000000
- Authorized share capital usd
- 2500
- Post split class a shares outstanding
- 1434800
- Post split class b shares outstanding
- 1835200
AI analysis
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