SOLOWIN HOLDINGS Announces up to US$100M Financing Agreement with Streeterville Capital to Support Global Digital Asset Strategy

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

Key Figures

Financing facility size: $100,000,000 Initial pre-paid purchase: $5,415,000 Pre-paid interest rate: 8% per year +5 more

8 metrics

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

Market Reality Check

Price: $3.90 Vol: Volume 395,454 is below t...

low vol

$3.90 Last Close

Volume Volume 395,454 is below the 20-day average of 1,007,877, indicating subdued trading ahead of this financing news. low

Technical Price at $3.90 is trading above the 200-day moving average of $3.74, reflecting a constructive longer-term trend into the financing.

Historical Context

5 past events · Latest: Feb 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 06	Carbon partnership	Positive	-2.5%	On-chain carbon reduction partnership using Ferion platform with Alibaba-linked entities.
Feb 05	Market expansion	Positive	+11.8%	Accelerated expansion of compliant digital asset services in Korea and Japan.
Jan 28	Stablecoin license	Positive	-0.2%	In-principle stablecoin license approval from Central Bank of Bahrain for AX Coin.
Jan 23	Green tokenization deal	Positive	-3.3%	Partnership in Malaysia to tokenize revenue rights from new energy projects.
Jan 13	License acquisition	Positive	+2.5%	Plan to acquire Canadian MSB license for compliant North American entry.

Pattern Detected

Recent strategic and expansion news has often seen mixed price reactions, with several positive announcements followed by short-term downside moves.

Recent Company History

This announcement follows a series of expansion and partnership updates across regions and use cases. Since Jan 13, AXG has highlighted a Canadian MSB license acquisition plan, green asset tokenization in Malaysia, a Bahrain in-principle stablecoin license, and push into Korea and Japan. Price reactions have been split, with both gains and pullbacks after positive news, suggesting investors reassess execution and financing needs alongside each milestone.

Market Pulse Summary

This announcement outlines up to $100,000,000 in financing to fund AXG’s stablecoin, asset tokenizat...

Analysis

This announcement outlines up to $100,000,000 in financing to fund AXG’s stablecoin, asset tokenization, and global expansion strategy. Recent filings detail structured pre-paid purchases and prior equity raises, indicating an ongoing effort to fund rapid growth. Investors may track execution on new markets, regulatory milestones, and how efficiently fresh capital converts into revenue versus dilution or higher financing costs over time.

Key Terms

stablecoin, asset tokenization, form 6-k, prospectus supplement, +1 more

5 terms

stablecoin financial

"support the expansion of AXG’s stablecoin and asset tokenization businesses"

A stablecoin is a type of digital currency designed to keep its value steady, often by being backed by traditional assets like money or commodities. For investors, stablecoins offer a reliable way to move money quickly across digital platforms without the value fluctuations common with other cryptocurrencies, making them useful for saving, trading, or transferring funds with less risk of sudden losses.

asset tokenization technical

"support the expansion of AXG’s stablecoin and asset tokenization businesses"

Asset tokenization is the process of converting ownership rights of a physical or financial asset into digital tokens on a blockchain or similar technology. This allows investors to buy, sell, or trade fractions of the asset more easily and quickly, much like dividing a property or artwork into smaller pieces that can be owned separately. It matters to investors because it can increase access, reduce costs, and improve liquidity for a wide range of assets.

form 6-k regulatory

"available in the Company’s Form 6-K and the related Prospectus Supplement on Form 424B5"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

prospectus supplement regulatory

"the related Prospectus Supplement on Form 424B5 filed with the U.S. Securities and Exchange Commission"

A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.

class a ordinary shares financial

"for the purchase of AXG’s class A ordinary shares"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

AI-generated analysis. 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$100 million in financing. Under the agreement, the Company will issue and sell to Streeterville one or more pre-paid purchases with an aggregate purchase price of up to US$100 million for the purchase of AXG’s class A ordinary shares. The initial pre-paid purchase of approximately US$5.415 million (before deducting an original issue discount and transaction expenses) has been completed. Additional pre-paid purchases may be made upon mutual consent of the parties. The proceeds are expected to be used primarily to support the expansion of AXG’s stablecoin and asset tokenization businesses, advance research and development (R&D) in artificial intelligence and blockchain security technologies, as well as fund further global market expansion. Additional details regarding this transaction are available in the Company’s Form 6-K and the related Prospectus Supplement on Form 424B5 filed with the U.S. Securities and Exchange Commission on February 9, 2026.

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

FAQ

What financing did SOLOWIN HOLDINGS (AXG) announce on February 12, 2026?

AXG announced a securities purchase agreement for up to US$100 million with Streeterville Capital. According to the company, an initial pre-paid purchase of approximately US$5.415 million closed, with additional purchases subject to mutual consent.

How will the AXG financing proceeds be used by SOLOWIN HOLDINGS?

Proceeds are intended to support stablecoin and asset tokenization expansion and R&D. According to the company, funds will also back AI and blockchain security development and global market growth.

Does the AXG financing involve issuing new shares and could it dilute shareholders?

Yes, the transaction involves issuing class A ordinary shares, which may dilute current holders. According to the company, sales are via pre-paid purchases up to a US$100M aggregate facility.

How much of the US$100M AXG facility has closed so far and what reduces net proceeds?

An initial pre-paid purchase of about US$5.415 million closed, before discounts and expenses. According to the company, an original issue discount and transaction expenses will reduce net proceeds.

Where can investors find official SEC filings related to the AXG financing?

Investors can review the related Form 6-K and Prospectus Supplement on Form 424B5 filed with the SEC on February 9, 2026. According to the company, those filings contain additional transaction details.