LGHL ANNOUNCES THAT ITS WHOLLY-OWNED SUBSIDIARY HAS BEEN GRANTED EXCLUSIVITY TO FURTHER NEGOTIATIONS AND THE ENTERING INTO OF A FORMAL AGREEMENT IN RESPECT OF THE PROPOSED RESTRUCTURING OF SKYFAME REALTY (HOLDINGS) LIMITED (IN LIQUIDATION)

Rhea-AI Summary

Lion Group Holding Ltd (LGHL) announced on April 14, 2026 that its wholly owned subsidiary, Lion Wealth Management Limited, signed an exclusivity agreement dated April 10, 2026 with Skyfame Realty (Holdings) Limited (In Liquidation) (stock code: 00059.HK) and its joint provisional liquidators.

The agreement gives Lion Wealth a six-month exclusivity to negotiate and enter a formal restructuring agreement aimed at resumption of trading on HKEX; the agreement is non-binding. Lion Wealth submitted a restructuring proposal on April 7, 2026 and has engaged a professional advisory team to prepare the resumption application. Further material developments will be announced.

Positive

• Exclusive six-month negotiation window granted to Lion Wealth (starts April 10, 2026)
• Lion Wealth submitted a formal restructuring proposal on April 7, 2026
• Dedicated professional team engaged for HKEX resumption application

Negative

• Exclusivity agreement is explicitly non-binding, so transaction is uncertain
• Resumption of trading on HKEX remains conditional and not guaranteed

News Market Reaction – LGHL

+8.34%

1 alert

+8.34% Session close to close

-7.9% Trough Tracked

$441,404 Market Cap

0.0x Rel. Volume

In the Apr 14 session, LGHL gained 8.34%, reflecting a notable positive market reaction. Argus tracked a trough of -7.9% from its starting point during tracking.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +8.3% in the session following this news. A strong positive reaction aligns with LGH...

Analysis

The stock moved +8.3% in the session following this news. A strong positive reaction aligns with LGHL securing a six-month exclusivity window to negotiate Skyfame’s restructuring and potential trading resumption on HKEX. Investors have previously reacted negatively to capital structure and crypto-treasury moves, so a large upside move on this advisory-focused mandate could mark a shift in focus. However, existing resale registration and sizeable convertible note capacity, as outlined in the F-3/A, remained an overhang that could still influence sentiment over time.

Key Figures

Current price: $0.8584 52-week high: $62.9187 52-week low: $0.772 +5 more

8 metrics

Current price $0.8584 Pre-news last close for LGHL

52-week high $62.9187 52-week trading range high

52-week low $0.772 52-week trading range low

Exclusivity period six-month period Lion Wealth granted exclusive negotiation period with Skyfame

Proposal date April 7, 2026 Restructuring proposal submitted to Skyfame and liquidators

Exclusivity agreement date April 10, 2026 Exclusivity agreement signed with Skyfame and joint provisional liquidators

Resale ADSs covered 5,832,293 ADSs F-3/A resale registration tied to convertible debentures

Convertible note facility $600 million Maximum senior secured convertible notes under Securities Purchase Agreement

Historical Context

3 past events · Latest: Dec 11 (Positive)

Pattern 3 events

Date	Event	Sentiment	24h Move	Catalyst
Dec 11	Crypto asset purchase	Positive	-3.1%	Announced acquisition of 88.49 BTC under a convertible note facility.
Dec 04	Private placement/crypto	Negative	-15.8%	Amended purchase agreement for $9,984,000 convertible note financing for BTC.
Nov 19	ADS ratio change	Negative	-39.6%	One-for-thirteen reverse ADS split via ADS ratio change announcement.

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

Pattern Detected

Recent news tied to capital structure and crypto-treasury strategy often saw negative or mixed price reactions, even when framed as strategic moves.

Recent Company History

Over the last several months, LGHL has focused on balance sheet and asset strategy moves. In November 2025, it announced an ADS ratio change involving a one-for-thirteen reverse ADS split, which preceded a -39.6% move. In December 2025, a $10 million private placement to fund Bitcoin purchases and a subsequent 88.49 BTC acquisition also saw negative reactions. Today’s restructuring exclusivity news contrasts with those financing- and crypto-focused steps by emphasizing advisory and restructuring capabilities.

Key Terms

exclusivity agreement, joint provisional liquidators, resumption of trading, main board

4 terms

exclusivity agreement financial

"has entered into an exclusivity agreement dated April 10, 2026 with Skyfame"

A contract that gives one party exclusive rights to sell, buy, supply or use a product or service, or prevents the other party from dealing with competitors for a set time. For investors it matters because exclusivity can lock in predictable revenue and fend off rivals—like giving one caterer sole rights to serve an office—but it also concentrates risk if the partner underperforms or the market changes.

joint provisional liquidators regulatory

"Skyfame Realty (Holdings) Limited (In Liquidation) and its joint provisional liquidators"

Joint provisional liquidators are temporary, court-appointed officials who take control of a troubled company's assets and affairs while a formal winding-up or insolvency process is being decided. Think of them as emergency guardians who stop value being lost, secure records, and assess whether creditors or shareholders can recover funds. Investors pay attention because their appointment usually signals serious financial distress, potential suspension of trading, and uncertainty about how much, if anything, will be repaid.

resumption of trading regulatory

"proposed restructuring and resumption of trading on the Main Board of HKEX"

Resumption of trading is when a security that was temporarily stopped from being bought or sold on an exchange is allowed to trade again. Investors care because it restores the ability to buy or sell, can trigger quick price moves as pent-up orders and new information are absorbed, and signals that whatever issue prompted the halt—such as missing disclosures, regulatory questions, or extreme volatility—has been addressed to the exchange’s satisfaction.

main board regulatory

"resumption of trading on the Main Board of The Stock Exchange of Hong Kong Limited"

The main board is the primary segment of a stock exchange where larger, more established companies are listed under stricter rules and disclosure requirements. For investors it matters because companies on the main board tend to be easier to buy or sell, provide more public information and regulatory oversight, and are generally seen as lower risk than firms on secondary or junior markets—think of a main stage versus a side stage at a concert.

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

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SINGAPORE, April 14, 2026 /PRNewswire/ -- Lion Group Holding Ltd. (the "Company" or "LGHL") is pleased to announce that its wholly-owned subsidiary, Lion Wealth Management Limited ("Lion Wealth"), has entered into an exclusivity agreement dated April 10, 2026 with Skyfame Realty (Holdings) Limited (In Liquidation) ("Skyfame", stock code: 00059.HK) and its joint provisional liquidators.

Under the Exclusivity Agreement, Lion Wealth has been granted the exclusivity to further negotiations and the entering into of a formal agreement with Skyfame in respect of the proposed restructuring and resumption of trading on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX"). The Exclusivity Agreement does not constitute any binding obligation or commitment on the parties to enter into any transaction or be bound by any terms and conditions in relation to the proposed restructuring. This exclusivity positions Lion Wealth as the sole party with the right to negotiate and advance the restructuring proposal during a six-month period, enabling focused and efficient execution to help Skyfame address its current challenges.

Key Highlights

• Lion Wealth submitted a restructuring proposal to Skyfame and the joint provisional liquidators on April 7, 2026.
• Lion Wealth has been granted exclusivity to further negotiations and the entering into of a formal agreement with Skyfame in respect of the proposed restructuring and resumption of trading.
• Lion Wealth has engaged and is fully supported by a professional team, comprising financial advisers, independent financial advisers, Hong Kong and Bermuda legal counsel, valuers, auditors and other specialists. This professional team is working closely with the joint provisional liquidators to prepare and advance the resumption application to HKEX.

This arrangement highlights LGHL's commitment to providing structured rescue solutions to distressed listed companies, combining financial support with professional expertise to help maximize value for Skyfame's stakeholders and facilitate a successful resumption of trading.

Further announcements will be made by LGHL as and when there are material developments regarding the restructuring and resumption process.

About Lion Group Holding Limited:

Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in-one, state-of-the-art trading platform that offers a wide spectrum of products and services, including (i) total return swap (TRS) trading, (ii) contract-for-difference (CFD) trading, and (iii) Over-the-counter (OTC) stock options trading. Additional information may be found at http://ir.liongrouphl.com.

Forward-Looking Statements:

This press release contains, "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Lion's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about: Lion's participation in the restructuring of Skyfame and the potential return/loss from the restructuring; Lion's goals and strategies; our ability to retain and increase the number of users, members and advertising customers, and expand its service offerings; Lion's future business development, financial condition and results of operations; expected changes in Lion's revenues, costs or expenditures; competition in the industry; relevant government policies and regulations relating to our industry; general economic and business conditions globally; proposed crypto asset management operations; and assumptions underlying or related to any of the foregoing. Lion cautions that the foregoing list of factors is not exclusive. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Lion does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. Additional information concerning these and other factors that may impact our expectations and projections can be found in Lion's periodic filings with the SEC, including Lion's Annual Report on Form 20-F for the fiscal year ended December 31, 2024. Lion's SEC filings are available publicly on the SEC's website at www.sec.gov.

Contacts

Lion Group Holding Ltd.
Tel: +65 8877 3871
Email: ir@liongrouphl.com

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SOURCE Lion Group Holding Ltd.

FAQ

What did LGHL announce on April 14, 2026 regarding Skyfame (LGHL)?

LGHL said its subsidiary secured exclusivity to negotiate a Skyfame restructuring for six months. According to the company, Lion Wealth signed an exclusivity agreement dated April 10, 2026 and submitted a proposal on April 7, 2026.

How long is the exclusivity period granted to Lion Wealth for Skyfame (LGHL)?

The exclusivity period is six months from the agreement date. According to the company, the exclusivity was granted under an agreement dated April 10, 2026 to advance restructuring negotiations and a formal agreement.

Does the exclusivity agreement between Lion Wealth and Skyfame (LGHL) create a binding deal?

No, the exclusivity agreement is non-binding and does not obligate a transaction. According to the company, it only grants sole negotiation rights and does not commit parties to final terms.

What are the next steps for the Skyfame restructuring and HKEX resumption under LGHL (LGHL)?

Lion Wealth will work with advisers to prepare a resumption application to HKEX during the exclusivity period. According to the company, a professional team of advisers, valuers, auditors and legal counsel is advancing the application.

What immediate evidence did LGHL provide that it is pursuing Skyfame (LGHL) restructuring?

LGHL noted Lion Wealth submitted a restructuring proposal on April 7, 2026 and signed exclusivity April 10, 2026. According to the company, advisers and specialists have been engaged to support the resumption process.