Here are the 424B prospectus supplements from Solowin Holdings (AXG) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow AXG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AXG filings page.
Solowin Holdings, Ltd. (AXG) is offering 10,300,000 Class A ordinary shares directly to individual investors at $1.20 per share in a registered direct offering. Gross proceeds are expected to be approximately $12,360,000 before estimated offering expenses. The company intends to use net proceeds to repay principal and interest on its September 2026 Notes and for working capital and general corporate purposes. Delivery is expected on or about November 20, 2026, subject to customary closing conditions.
The offered amount represents approximately 320.6% of existing ordinary shares on a 1:1 as-converted basis; the prospectus describes immediate and substantial dilution. As of November 4, 2026, 3,055,497 Class A ordinary shares were outstanding. Class B shares carry 50 votes per share, compared with one vote for Class A; the company states Class B holders will retain approximately 81.2% of combined voting power following the offering, taking into account an intended Class B issuance.
Solowin effected a 1-for-200 share consolidation on October 29, 2026. It also identifies a material weakness in FY2026 internal controls related to a lack of sufficient accounting and financial reporting personnel and comprehensive accounting and reporting policies and procedures.
Solowin Holdings, Ltd. (AXG) may sell up to $50,000,000 of Class A Ordinary Shares through Chaince Securities, LLC in an at-the-market offering. Shares may be sold from time to time at market prices. Chaince Securities is entitled to a 3.0% cash fee and a 1.0% expense allowance, each based on gross proceeds.
Net proceeds are intended primarily for working capital and general corporate purposes, stablecoin initiatives and payment infrastructure. If actual proceeds are substantially less than $50 million, the company intends to prioritize repayment of principal and interest on the September 2026 notes, followed by working capital and general corporate purposes, stablecoin initiatives, and payment infrastructure. FY2026 revenue was $28.05 million, compared with $2.82 million in FY2025. Immediately before the offering, 181,529,461 Class A Ordinary Shares and 31,371,599 Class B Ordinary Shares were outstanding.
The company said it received a June 16, 2026 subpoena from the SEC Division of Enforcement concerning an investigation into trading in its securities. It described the inquiry as a non-public, fact-finding investigation, said it is cooperating and producing requested materials, and reported that the SEC said the inquiry is not an indication that violations occurred.
Solowin Holdings (AXG) is conducting a takedown from its $200 million shelf to offer up to $2,160,000 of Class A Ordinary Shares plus 5,250,000 Class A Ordinary Shares as pre-delivery shares to Streeterville Capital under a pre-paid equity facility. This draw, Pre-Paid Purchase #3, has a $2,160,000 principal (about $2.0 million net to Solowin after a $160,000 original issue discount) and bears 8% annual interest. If Solowin misses monthly amortization payments beginning January 1, 2027, Streeterville may require discounted share issuances at 85% of a market-based price, offsetting the outstanding balance and potentially creating substantial dilution, subject to a 9.99% beneficial ownership cap. The company estimates issuing 1,358,491 shares at $1.59 under Pre-Paid Purchase #3 plus the 5,250,000 pre-delivery shares, taking Class A shares outstanding from 163,030,788 to 169,639,279. Net proceeds are earmarked for working capital and general corporate purposes. Solowin reports strong growth, with revenue of $28.05 million for the year ended March 31, 2026, up from $2.82 million a year earlier.
Solowin Holdings is offering up to $6,480,000 of Class A Ordinary Shares and 1,000,000 Pre-Delivery Shares to Streeterville Capital pursuant to a February 9, 2026 Securities Purchase Agreement. The financing supports prepaid purchases with an aggregate commitment of up to $100,000,000, 8% annual accrual on advances, and resale of issued shares by the Investor.
The investor may require issuances in lieu of missed monthly amortization payments; purchase pricing is set at 85% of a low-of-market metric (closing price or 10-day VWAP). Beneficial ownership by the Investor is capped at 9.99%.
Solowin Holdings is offering up to $5,415,000 of Class A Ordinary Shares and 1,500,000 pre-delivery Class A Ordinary Shares to Streeterville Capital under a Securities Purchase Agreement. This initial “pre-paid purchase” carries an 8% annual interest rate and is part of a facility allowing up to $100,000,000 of future pre-paid purchases.
If Solowin misses a stub or monthly cash amortization payment, Streeterville can require the company to issue Class A shares at 85% of the lower of the recent closing price or 10‑day VWAP, offsetting the outstanding balance and creating potential dilution. The facility includes a 9.99% beneficial ownership cap for the investor and requires a reserved pool of 6,300,000 Class A shares. The supplement also registers the resale of shares issued to Streeterville. Net proceeds to Solowin are earmarked for working capital and general corporate purposes. As of the prospectus date, Solowin had 157,582,228 Class A and 31,371,599 Class B shares outstanding, reflecting a dual‑class structure with Class B carrying ten votes per share.