TIAN RUIXIANG Holdings Ltd. Announces Results of Annual General Meeting and Approval of 1-for-50 Reverse Share Split
Rhea-AI Summary
TIAN RUIXIANG Holdings (Nasdaq: TIRX) reported results of its annual general meeting held February 17, 2026.
Shareholders approved an increase in authorized share capital to US$3,750,000,000 and granted the board authority for a reverse split. The board will implement a 1-for-50 reverse share split; fractional shares will be rounded up. Effective date and new CUSIP will be announced after Nasdaq processes are complete.
Positive
- Authorized capital increased to US$3,750,000,000
- Board-approved capital action: 1-for-50 reverse share split implemented
Negative
- Share consolidation: every 50 shares combined into 1 ordinary share
- Fraction handling: fractional shares rounded up to the next whole share
News Market Reaction – TIRX
In the Feb 18 session, TIRX declined 18.79%, reflecting a significant negative market reaction. Argus tracked a peak move of +9.3% during that session. Argus tracked a trough of -33.3% from its starting point during tracking. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Stock split Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Sep 02 | Reverse stock split | Neutral | -0.5% | Announced 5-to-1 reverse stock split with par value increase and new CUSIP. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Prior reverse split news led to only a mild negative move, whereas today’s 1-for-50 split and large authorized capital increase coincide with a much sharper decline.
Over the last months, TIRX combined aggressive capital-raising with transformative AI and crypto announcements, including BTC-backed alliances, bank acquisition plans, and AI initiatives. Regulatory filings highlighted repeated registered direct offerings at around $0.125–$0.13, Nasdaq bid‑price noncompliance, and a planned AGM to expand authorized share capital and enable large reverse splits. A previous 5‑to‑1 reverse split in Sep 2025 saw only a modest -0.54% reaction. Today’s 1‑for‑50 reverse split approval continues this focus on capital structure and listing compliance.
Key Terms
cusip number regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEIJING, Feb. 18, 2026 (GLOBE NEWSWIRE) -- TIAN RUIXIANG Holdings Ltd. (Nasdaq: TIRX) (the “Company”) today announced the results of its annual general meeting of shareholders (the “AGM”) held on February 17, 2026.
At the AGM, the Company’s shareholders approved, among other things:
1. An increase in the Company’s authorized share capital to US
2. The grant of authority to the Board of Directors to effect a reverse share split at a ratio between 1-for-2 and 1-for-5,000.
Implementation of Reverse Share Split
Following the AGM, the Company’s Board of Directors has approved the implementation of a reverse share split of its ordinary shares at a ratio of 1-for-50 (the “Reverse Split”).
Upon the effectiveness of the Reverse Split, every fifty (50) existing Class A and Class B ordinary shares will be automatically combined into one (1) ordinary share of the respective class. No fractional shares will be issued; instead, any fractional shares resulting from the Reverse Split will be rounded up to the next whole share.
Further details regarding the effective date and the new CUSIP number will be disclosed in a subsequent announcement once the Nasdaq process is finalized.
About TIAN RUIXIANG Holdings Ltd
TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China through its China-based variable interest entity. It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and (2) other types of insurance, such as health insurance, life insurance, and other miscellaneous insurance.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These include statements regarding future plans, objectives, expectations and intentions, and involve known and unknown risks and uncertainties. Words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "continue," or similar expressions identify these statements. These forward-looking statements are based on current expectations and assumptions and are not guarantees of future performance; actual results may differ materially. TIAN RUIXIANG Holdings Ltd. undertakes no obligation to update these statements for subsequent events or circumstances, except as required by law.
For investor and media enquiries, please contact:
TIAN RUIXIANG Holdings Ltd
Investor Relations Department
Email: ir@tianrx.com
