Delixy approves 1-for-5 reverse share split
Delixy Holdings Limited will implement a 1-for-5 reverse share split effective September 28, 2026 to help maintain its Nasdaq listing.
Rhea-AI Filing Summary
Delixy Holdings Limited (DLXY) approved a 1-for-5 reverse share split of its Class A and Class B ordinary shares, combining every five shares into one share and increasing par value to US$0.000025 per share. Authorized share capital remains US$2,500, divided into 90,000,000 Class A and 10,000,000 Class B ordinary shares. The Class A Ordinary Shares are expected to begin trading on a post-split basis on Nasdaq on September 28, 2026 under the symbol DLXY with new CUSIP G2703G 111. After the split, Delixy expects to have approximately 1,434,800 Class A Ordinary Shares and 1,835,200 Class B Ordinary Shares outstanding, with fractional entitlements rounded up to the nearest whole share. The reverse split is intended to increase the market price per share so the company can maintain its Nasdaq listing.
Positive
- None.
Negative
- None.
Key Figures
Reverse share split ratio: 1-for-5
Post-split Class A Ordinary Shares outstanding: 1,434,800 shares
Post-split Class B Ordinary Shares outstanding: 1,835,200 shares
+5 more
8 metrics
Reverse share split ratio
1-for-5
Each five issued and outstanding Class A and Class B Ordinary Shares combined into one share
Post-split Class A Ordinary Shares outstanding
1,434,800 shares
Expected issued and outstanding after giving effect to the reverse share split
Post-split Class B Ordinary Shares outstanding
1,835,200 shares
Expected issued and outstanding after giving effect to the reverse share split
Total authorized share capital
US$2,500
Authorized capital remains unchanged after reverse share split
Authorized Class A Ordinary Shares
90,000,000 shares
Authorized after reverse share split at par value US$0.000025 per share
Authorized Class B Ordinary Shares
10,000,000 shares
Authorized after reverse share split at par value US$0.000025 per share
Par value per share after split
US$0.000025 per share
Proportional increase in par value from US$0.000005 per share
Effective trading date post-split
September 28, 2026
Date Class A Ordinary Shares begin trading on a post-split basis on Nasdaq
Key Terms
Reverse Share Split, CUSIP, Nasdaq Stock Market LLC, transfer agent, +2 more
6 terms
CUSIP financial
"The new CUSIP number following the Reverse Share Split is G2703G 111"
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.
Nasdaq Stock Market LLC financial
"will begin trading on the Nasdaq Stock Market LLC on a post-split basis"
Nasdaq Stock Market LLC is the company that operates the Nasdaq electronic stock exchange, a large centralized marketplace where shares of publicly traded companies are listed and bought and sold. Think of it as a high-speed digital auction house and storefront combined: being listed there gives a company visibility and easier access to many buyers, while investors benefit from transparent prices, fast trades and regulated rules that help protect fair trading.
transfer agent financial
"Transhare Corporation, the Company’s transfer agent, will act as the exchange agent"
A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.
book-entry form financial
"Ordinary Shares held in book-entry form or through a bank, broker or other nominee"
A book-entry form is an electronic record showing ownership of securities instead of a paper certificate; think of it like a bank account ledger that notes who owns shares. It matters to investors because it makes buying, selling and transferring securities faster, safer and cheaper by reducing paperwork, loss or forgery risk, and enabling easier settlement through brokers or a central depository.
par value financial
"par value from US$0.000005 per share to US$0.000025 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What corporate action did Delixy Holdings Limited (DLXY) announce in this Form 6-K?
Delixy Holdings Limited announced a 1-for-5 reverse share split of its Class A and Class B ordinary shares, approved by the board on August 12, 2026 and previously authorized by shareholders at a general meeting on February 23, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
