TIAN RUIXIANG Holdings Ltd. Announces Results of Annual General Meeting and Approval of 1-for-50 Reverse Share Split

TIAN RUIXIANG Holdings (Nasdaq: TIRX) reported results of its annual general meeting held February 17, 2026.

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

Argus Feb 18 session

-18.79% close to close Open Argus

Details

News Market Reaction – TIRX

On Feb 18, the day this news came out, TIRX closed 18.79% below the previous close.

Data tracked by StockTitan Argus for the Feb 18 session.

Key Figures

Authorized share capital: US$3,750,000,000 Reverse split range: 1-for-2 to 1-for-5,000 Implemented reverse split: 1-for-50 +5 more

Authorized share capital

US$3,750,000,000

New authorized share capital approved at AGM

Reverse split range

1-for-2 to 1-for-5,000

Authority granted to board for potential reverse splits

Implemented reverse split

1-for-50

Board-approved reverse share split ratio

Share consolidation

50 into 1

Every fifty Class A and B shares combined into one

Current price

$0.0708

Price before news analysis

1-day move

-22.62%

Price change over prior 24 hours

52-week high

$10.75

Pre-news 52-week high level

52-week low

$0.0589

Pre-news 52-week low level

Previous Stock split Reports

1 past event · Latest: Sep 02

Same Type 1 event

1. Sep 02

   Reverse stock split

   24h Move

   -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.

Key Terms

reverse share split, authorized share capital, cusip number

3 terms

reverse share split financial

"The grant of authority to the Board of Directors to effect a reverse share split at a ratio"

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.

authorized share capital financial

"the Company’s shareholders approved, among other things: 1. An increase in the Company’s authorized share capital"

The maximum number of shares a company is legally allowed to issue according to its governing documents. Think of it as the size of the blank checkbook a company keeps for selling ownership stakes: it sets an upper limit but does not mean all shares are in circulation. Investors care because a larger authorized amount makes it easier for the company to raise money or grant stock-based pay, which can dilute existing holdings and affect control and value per share.

cusip number regulatory

"Further details regarding the effective date and the new CUSIP number will be disclosed"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

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

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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$3,750,000,000; and

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 

 
 

FAQ

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

When will TIRX's 1-for-50 reverse split become effective?

The effective date is pending final Nasdaq processing and will be announced later. According to the company, a subsequent announcement will disclose the exact effective date and new CUSIP once Nasdaq completes its process.

How will the TIRX reverse split change my share count?

After the 1-for-50 reverse split, every fifty existing Class A or B shares become one share. According to the company, any fractional share resulting from the consolidation will be rounded up to the next whole share.

What authorized capital change did TIRX approve at the February 17, 2026 AGM?

Shareholders approved increasing authorized share capital to US$3,750,000,000. According to the company, this change was among the items approved at the annual general meeting on February 17, 2026.

Will TIRX issue fractional shares after the reverse split?

No; fractional shares will not be issued and will be rounded up to whole shares. According to the company, any fractional result of the 1-for-50 split will be rounded up to the next whole share.

Where will I find TIRX's new CUSIP and post-split details?

The company will disclose the new CUSIP and post-split details in a subsequent announcement after Nasdaq processing finishes. According to the company, a follow-up release will provide the CUSIP and effective date.