SOLOWIN HOLDINGS Announces up to US$100M Financing Agreement with Streeterville Capital to Support Global Digital Asset Strategy
SOLOWIN HOLDINGS (Nasdaq: AXG) entered a securities purchase agreement with Streeterville Capital for up to US$100 million in financing, issuing pre-paid purchases for class A ordinary shares.
Rhea-AI Summary
SOLOWIN HOLDINGS (Nasdaq: AXG) entered a securities purchase agreement with Streeterville Capital for up to US$100 million in financing, issuing pre-paid purchases for class A ordinary shares. An initial pre-paid purchase ~US$5.415 million (before original issue discount and expenses) has closed.
Proceeds are expected to support expansion of AXG's stablecoin and asset tokenization businesses, fund AI and blockchain security R&D, and finance global market expansion. Related SEC filings were made on February 9, 2026.
Positive
- Financing facility up to US$100M
- Initial pre-paid purchase funded about US$5.415M
- Proceeds targeted to expand stablecoin and tokenization businesses
- Planned investment in AI and blockchain security R&D
Negative
- Issuance of class A shares may dilute existing shareholders
- Initial funding equals a small fraction of the US$100M facility
- Net proceeds reduced by an original issue discount and expenses
Details
News Market Reaction – AXG
On Feb 12, the first trading day after this news, AXG closed 1.54% above the previous close.
Data tracked by StockTitan Argus for the Feb 12 session.
Key Figures
- Financing facility size
- $100,000,000
- Maximum aggregate capacity of Streeterville pre-paid purchase facility
- Initial pre-paid purchase
- $5,415,000
- First Streeterville pre-paid purchase principal amount
- Pre-paid interest rate
- 8% per year
- Annual interest on initial pre-paid purchase to Streeterville
- Additional share issuance
- 1,500,000 shares for $150.00
- Class A shares to be issued within 90 days of closing
- Six-month revenues
- $5.8 million
- Revenue for six months ended Sep 30, 2025 vs $1.1M prior year
- Six-month net loss
- $4.6 million
- Net loss for six months ended Sep 30, 2025 vs $6.3M prior year
- Private placement proceeds
- $11,500,000
- Raised from 3,782,895 Class A shares at $3.04 in Nov 2025
- Shareholders’ equity
- $369.0 million
- Equity as of Sep 30, 2025 after share issuances and acquisitions
Historical Context
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On-chain carbon reduction partnership using Ferion platform with Alibaba-linked entities.
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Accelerated expansion of compliant digital asset services in Korea and Japan.
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In-principle stablecoin license approval from Central Bank of Bahrain for AX Coin.
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Partnership in Malaysia to tokenize revenue rights from new energy projects.
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Plan to acquire Canadian MSB license for compliant North American entry.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
stablecoin financial
asset tokenization technical
blockchain security technologies technical
pre-paid purchase financial
form 6-k regulatory
form 424b5 regulatory
prospectus supplement regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Hong Kong, Feb. 11, 2026 (GLOBE NEWSWIRE) -- SOLOWIN HOLDINGS (Nasdaq: AXG) (“AXG” or the “Company”), a leading financial technology firm bridging traditional and digital assets, today announced that it has entered into a securities purchase agreement with Streeterville Capital, LLC (“Streeterville”) for up to US
As a world-leading integrated digital asset service platform, AXG has gained strong market recognition for its robust and compliant operation system, clear global strategy, and sustainable growth potential. This round of financing not only underscores the market’s firm confidence in the Company’s long-term value and development prospects, but also provides strong capital support for AXG’s unwavering efforts to deepen the global stablecoin ecosystem, accelerate innovation in asset tokenization, and build secure and efficient digital financial infrastructure.
Peter Lok, Chief Executive Officer of AXG, stated: “This collaboration with Streeterville provides AXG with solid capital support and demonstrates the market’s recognition of our compliance capabilities and stablecoin strategy. The global stablecoin market presents enormous potential and opportunities, where compliance and infrastructure represent core competitive advantages. In the future, we will continue to increase our investment in related technology R&D and compliance, promote our global footprint, enhance the stablecoin ecosystem, and drive deeper integration between traditional finance and decentralized finance.”
About SOLOWIN HOLDINGS
SOLOWIN HOLDINGS (Nasdaq: AXG) is a global leading financial technology firm focused on digital currency payments and asset tokenization. Founded in 2016, it has dedicated to bridging traditional and decentralized finance by building a secure, efficient and compliant financial infrastructure that provides integrated digital asset solutions for global investors and institutions. Leveraging its Hong Kong Securities and Futures Commission (SFC)-licensed subsidiary Solomon JFZ (Asia) Holdings Limited, along with other key subsidiaries such as AlloyX Group and AX Coin, the Company has developed a multi-jurisdictional, vertically integrated, enterprise-grade new financial platform encompassing global stablecoin payments, corporate treasury and private wealth management and tokenization as a service. Backed by leading international institutional investors, the Company manages compliant and transparent digital assets that are closely connected to the real economy. The Company is committed to establishing itself as a leading global digital asset financial platform, driving the seamless convergence of traditional finance and the digital assets ecosystem.
For more information, visit the Company’s website at https://www.alloyx.com or investor relations webpage at https://ir.alloyx.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. The Company has attempted to identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the Company's filings with the U.S. Securities and Exchange Commission (the “SEC”) including the "Risk Factors" section of the Company's most recent Annual Report on Form 20-F as well as in its other reports filed or furnished from time to time with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC, which are available for review at www.sec.gov.
For investor and media inquiries please contact:
SOLOWIN HOLDINGS
Investor Relations Department
Email: ir@solomonwin.com.hk
Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com
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