Ten-League International Holdings Limited Announces 1-for-10 Reverse Share Split Effective May 1, 2026

Ten-League International Holdings (NASDAQ: TLIH) announced a 1-for-10 reverse share split approved April 6, 2026 and effective for trading on a post-split basis on May 1, 2026.

Rhea-AI Summary

Ten-League International Holdings (NASDAQ: TLIH) announced a 1-for-10 reverse share split approved April 6, 2026 and effective for trading on a post-split basis on May 1, 2026. The company’s new CUSIP is G8763W201.

The reverse split combines every ten issued Ordinary Shares into one, raises par value from US$0.000025 to US$0.00025, adjusts authorized share capital to 2,000,000,000 shares, and is expected to leave approximately 2,940,435 Ordinary Shares outstanding. The action is intended to increase the market price per share to maintain the Nasdaq listing. Fractional shares will be rounded up; VStock Transfer, LLC is the exchange agent at (212) 828-8436.

Positive

• Reverse split ratio of 1-for-10 effective May 1, 2026
• Expected outstanding shares reduced to approximately 2,940,435
• Authorized share capital adjusted to 2,000,000,000 shares
• New CUSIP assigned: G8763W201

Negative

• Fractional shares will be rounded up, modestly increasing share counts for affected holders
• Reverse split is an administrative step intended to maintain Nasdaq listing, not an operational change

Argus Apr 29 session

-0.48% close to close Open Argus

Details

News Market Reaction – TLIH

On Apr 29, the day this news came out, TLIH closed 0.48% below the previous close.

Data tracked by StockTitan Argus for the Apr 29 session.

Market Context

This announcement details a 1-for-10 reverse share split effective May 1, 2026, lifting par value fr...

Analysis

This announcement details a 1-for-10 reverse share split effective May 1, 2026, lifting par value from US$0.000025 to US$0.00025 and resetting authorized capital to 2,000,000,000 Ordinary Shares. The company expects about 2,940,435 shares outstanding post-split. In context of the prior Nasdaq minimum-bid notice, investors may track how the higher post-split price interacts with trading liquidity and future operational updates.

Key Figures

Reverse split ratio: 1-for-10 Pre-split par value: US$0.000025 Post-split par value: US$0.00025 +5 more

Reverse split ratio

1-for-10

Board-approved reverse share split on April 6, 2026

Pre-split par value

US$0.000025

Par value per Ordinary Share before reverse split

Post-split par value

US$0.00025

Par value per Ordinary Share after reverse split

Authorized share capital

2,000,000,000 shares

Authorized Ordinary Shares post-split with par value US$0.00025

Post-split shares O/S

2,940,435 shares

Expected Ordinary Shares issued and outstanding after reverse split

Record shares pre-vote

29,404,342 shares

Issued and outstanding as of March 20, 2026 record date

Current price

$0.25

Pre-news trading level vs $1.00 Nasdaq minimum bid threshold context

52-week high

$7.00

Versus current price $0.25 ahead of reverse split

Historical Context

4 past events · Latest: Mar 16

4 events

1. Mar 16

   Nasdaq noncompliance

   24h Move

   -12.9%

   Nasdaq staff delisting determination for failing $1.00 minimum bid rule.

2. Feb 24

   Guidance update

   24h Move

   +37.7%

   Issued FY2025 guidance with strong revenue, income, and EPS growth outlook.

3. Dec 19

   Project delivery

   24h Move

   +6.0%

   Completed handover of five hydraulic grabs for Singapore CRL project.

4. Nov 14

   New order win

   24h Move

   -1.1%

   New PSA Singapore order for 30 battery electric terminal prime movers.

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

2 terms

reverse share split financial

"approved a reverse split of its ordinary shares, par value US$0.000025"

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 financial

"under the symbol “TLIH” under a new CUSIP number – G8763W201"

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.

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SINGAPORE, April 29, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (NASDAQ: TLIH) ("TLIH" or "we," "our," or the "Company"), a Singapore-based provider of turnkey project solutions, today announced that on April 6, 2026, its board of directors approved a reverse split of its ordinary shares, par value US$0.000025 (the “Ordinary Shares”), on a one-for-ten basis (the “Reverse Share Split”). The Company’s Ordinary Shares will begin trading on the Nasdaq Stock Market LLC (“Nasdaq”) on a post-split basis on May 1, 2026 under the symbol “TLIH” under a new CUSIP number – G8763W201.

As a result of the Reverse Share Split, each ten (10) issued and outstanding Ordinary Shares will be combined into one (1) Ordinary Share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.000025 per share to US$0.00025 per share and an adjustment of the Company’s authorized share capital to 2,000,000,000 Ordinary Shares with a par value of US$0.00025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 2,940,435 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 approved by a vote of the Company’s shareholders at its extraordinary meeting of shareholders held on April 13, 2026.

The Company’s transfer agent, VStock Transfer, LLC, will act as the exchange agent. Adjustments made to Ordinary Shares represented by physical stock certificates can be made upon surrender of the certificate to the transfer agent. Please contact VStock Transfer, LLC for further information at (212) 828-8436.

About Ten-League International Holdings Limited

Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League’s mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company’s website: https://ir.ten-league.com.sg/.

Forward-Looking Statements
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

For more information, please contact:

Ten-League International Holdings Limited
Investor Relations Department
Email: ir@ten-league.com.sg

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.

What is the TLIH reverse split ratio and when does it take effect?

The reverse split is a 1-for-10 consolidation and takes effect for trading on May 1, 2026. According to the company, exchanges will trade the post-split Ordinary Shares under the same ticker TLIH on that date.

How many TLIH shares will be outstanding after the reverse split?

After the reverse split, the company expects about 2,940,435 Ordinary Shares outstanding. According to the company, this figure reflects the proportional combination of every ten issued shares into one post-split share.

Will TLIH have a new CUSIP or ticker after the reverse split?

TLIH will trade under the same ticker TLIH but with a new CUSIP G8763W201. According to the company, the new CUSIP applies to post-split Ordinary Shares starting May 1, 2026.

What happens to fractional TLIH shares after the 1-for-10 reverse split?

No fractional shares will be issued; fractional entitlements are rounded up to the nearest whole share. According to the company, shareholders entitled to fractions will receive the rounded-up whole share automatically.

Who handles the exchange of TLIH shares and physical certificate adjustments?

VStock Transfer, LLC is the company’s transfer agent and exchange agent for the split. According to the company, holders can surrender physical certificates to VStock for adjustment; contact (212) 828-8436 for assistance.