Delixy Holdings Limited Announces 1-for-5 Reverse Share Split Effective September 28, 2026

Delixy will execute a 1-for-5 reverse split to consolidate its share count while seeking to maintain its Nasdaq listing.

Rhea-AI Summary

Delixy Holdings (DLXY) will implement a 1-for-5 reverse split of its Class A and Class B ordinary shares, effective for Nasdaq trading on September 28, 2026.

Each five issued and outstanding shares of each class will be combined into one share automatically, with no action required from most shareholders. Par value will increase from US$0.000005 to US$0.000025 per share, and authorized capital will remain US$2,500, adjusted to 90,000,000 Class A and 10,000,000 Class B shares. After the split, Delixy expects about 1,434,800 Class A and 1,835,200 Class B shares outstanding. The company intends the split to raise the share price to help maintain its Nasdaq listing, and fractional entitlements will be rounded up to the nearest whole share.

Positive

• 1-for-5 reverse split intended to support continued Nasdaq listing eligibility
• Post-split outstanding shares expected to be 1,434,800 Class A and 1,835,200 Class B
• No fractional shares; entitlements are rounded up to the nearest whole share

Negative

• None.

Argus 15 min delay

-6.38% vs previous close $0.79 last price 10461.3x rel. volume Open Argus

Details

Market reaction after 1-for-5 reverse share split: DLXY -6.38%

-32.7% Trough in 10 min

$0.68 $1.25 Day Range

$12.93M Market Cap

Following this news, DLXY has declined 6.38%, reflecting a notable negative market reaction. Argus tracked a trough of -32.7% from its starting point during tracking. Our momentum scanner has triggered 38 alerts so far, indicating elevated trading interest and price volatility. The stock is currently trading at $0.79. Trading volume is exceptionally heavy at 10461.3x the average, suggesting significant selling pressure.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

The stock is down -6.4% following this news. $0.8448 was DLXY's prior close, while the April 29 Nasd...

Analysis

The stock is down -6.4% following this news. $0.8448 was DLXY's prior close, while the April 29 Nasdaq notice identified a $1.00 minimum-bid deficiency; this announcement set the one-for-five split to address listing compliance.

Key Figures

Reverse split ratio: 1-for-5 Post-split trading date: September 28, 2026 Par value adjustment: $0.000005 to $0.000025 per share +3 more

Reverse split ratio

1-for-5

Class A and Class B ordinary shares

Post-split trading date

September 28, 2026

Nasdaq trading on a post-split basis

Par value adjustment

$0.000005 to $0.000025 per share

Class A and Class B ordinary shares

Authorized share capital

$2,500

Remains unchanged after the reverse split

Authorized Class A shares

90,000,000 shares

Post-split authorized share capital

Authorized Class B shares

10,000,000 shares

Post-split authorized share capital

Historical Context

1 past event · Latest: Apr 29

1 event

1. Apr 29

   Nasdaq bid deficiency

   24h Move

   -8.6%

   Nasdaq notified the company of minimum bid deficiency and cited reverse split as a possible option.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

reverse share split, cusip, exchange agent

3 terms

reverse share split financial

"approved a reverse split of its Class A ordinary shares"

A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.

cusip technical

"under a new CUSIP number – G2703G 111"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

View in glossary

exchange agent financial

"will act as the exchange agent for the Reverse Share Split"

An exchange agent is a third party appointed to handle the practical steps when securities are being swapped, such as during mergers, tender offers, or restructurings. Think of it as a trusted post office that collects old shares, verifies ownership, completes required paperwork and regulatory filings, and delivers the new shares or cash to investors; its efficiency and accuracy affect how quickly and safely investors receive the value they're owed.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Delixy Holdings Limited (NASDAQ: DLXY) (“DLXY” or “we,” “our,” or the “Company”), a Singapore-based company engaged in the trading of oil-related products, today announced that on August 12, 2026, its board of directors approved a reverse split of its Class A ordinary shares, par value US$0.000005 each (the “Class A Ordinary Shares”), and Class B ordinary shares, par value US$0.000005 each (the “Class B Ordinary Shares,” and together with the Class A Ordinary Shares, the “Ordinary Shares”), on a one-for-five basis (the “Reverse Share Split”). The Company’s Class A Ordinary Shares will begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) on a post-split basis on September 28, 2026 under the symbol “DLXY” under a new CUSIP number – G2703G 111.

As a result of the Reverse Share Split, each five (5) issued and outstanding Class A Ordinary Shares will be combined into one (1) Class A Ordinary Share, and each five (5) issued and outstanding Class B Ordinary Shares will be combined into one (1) Class B Ordinary Share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.000005 per share to US$0.000025 per share and an adjustment of the Company’s authorized share capital (which remains unchanged at US$2,500) 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 giving effect to the Reverse Share Split, the Company expects to have approximately 1,434,800 Class A Ordinary Shares and 1,835,200 Class B Ordinary Shares issued and outstanding. The Reverse Share Split is intended to increase the market price per share of the Company’s Ordinary Shares to allow the Company to maintain its Nasdaq listing.

No fractional shares will be issued as a result of the Reverse Share Split. Shareholders who would be entitled to a fractional share as a result of the Reverse Share Split shall have their entitlement rounded up to the nearest whole share.

The Reverse Share Split was authorized by the Company’s shareholders at the general meeting held on February 23, 2026, at which 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 Share 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 Share 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. Please contact Transhare Corporation for further information at (303) 662-1112.

About Delixy Holdings Limited

Delixy Holdings Limited is a Singapore-based company principally engaged in the trading of oil-related products, including (i) crude oil and (ii) oil-based products such as fuel oils, motor gasoline, additives, gas oil, base oils, asphalt, naphtha (heavy gasoline) and petrochemicals. Operating across multiple countries in Southeast Asia, East Asia, and Middle East, Delixy has established a strong presence in the region’s oil trading markets. While Delixy maintains a diversified portfolio of oil products, crude oil trading represents a core aspect of its business. The Company leverages its strong existing relationships with customers and suppliers as well as deep industry expertise to provide value-added services, including tailored recommendations on optimal trading strategies and shipping and logistical support where required. In addition, the Company’s financing capabilities allow it to extend credit terms to customers while satisfying suppliers’ immediate payment terms. For more information, please visit the Company’s website: https://ir.delixy.com.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. 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. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this prospectus. 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, except as may be required by law. 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 Registration Statement and other filings with the U.S. Securities and Exchange Commission (the “SEC”).

For media inquiries, please contact:

Delixy Holdings Limited
Investor Relations Department
Email: ir@delixy.com

Ascent Investor Relations LLC

Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Delixy’s reverse share split take effect for trading?

The Class A ordinary shares will begin trading on a post-split basis on September 28, 2026 on Nasdaq under the symbol DLXY with a new CUSIP number G2703G 111.

How exactly will Delixy’s ordinary shares be adjusted in the 1-for-5 reverse split?

Each five (5) issued and outstanding Class A ordinary shares will be combined into one (1) Class A ordinary share, and each five issued and outstanding Class B ordinary shares will be combined into one Class B ordinary share, automatically and without any action by shareholders.

What happens to fractional shares in Delixy’s reverse share split?

No fractional shares will be issued. Any shareholder who would be entitled to a fractional share as a result of the reverse split will have that entitlement rounded up to the nearest whole share.

How are Delixy’s par value and authorized share capital affected?

The reverse split results in a proportional increase in par value from US$0.000005 to US$0.000025 per share. The total authorized capital remains US$2,500, adjusted to 90,000,000 authorized Class A ordinary shares and 10,000,000 authorized Class B ordinary shares, each with par value US$0.000025.

Do Delixy shareholders need to take any action for the reverse split?

Ordinary shares held in book-entry form or through a bank, broker, or other nominee will be adjusted automatically, and no action is required by those shareholders. Registered shareholders holding physical certificates may, but are not required to, surrender their certificates to the transfer agent for reissuance in the post-split amount.

Who is handling the exchange process for Delixy’s reverse share split?

Transhare Corporation, the company’s transfer agent, will act as the exchange agent for the reverse split. Registered shareholders can contact Transhare Corporation at (303) 662-1112 for further information.

When and how was Delixy’s reverse share split authorized?

Shareholders authorized the consolidation of ordinary shares within a specified range at a general meeting on February 23, 2026, empowering the board to set the final ratio. The board of directors fixed the ratio at one-for-five on August 12, 2026.