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20-for-1 reverse split for Davis Commodities (NASDAQ: DTCK) shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Davis Commodities Limited has approved a 20-for-1 reverse stock split of its Class A and Class B ordinary shares. Every 20 issued and unissued shares of each class will be consolidated into one share of the same class.

Any fractional share entitlements from the reverse split will be rounded up to the next whole share, so no fractional shares will be issued. The Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “DTCK” and are expected to begin trading on a split-adjusted basis when the market opens on March 9, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2026

 

Commission File Number: 001-41804

 

Davis Commodities Limited

 

10 Bukit Batok Crescent, #10-01, The Spire

Singapore 658079

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F  Form 40-F 

 

Incorporation by reference

 

This report on Form 6-K is hereby incorporated by reference in the registration statement of Davis Commodities Limited on Form F-3 (File No. 333-286042) filed with the SEC on March 24, 2025, to the extent not superseded by documents or reports subsequently filed or furnished.

 

 

 

 

   

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

Reverse Stock Split

 

As disclosed earlier, on February 4, 2026, the shareholders of Davis Commodities Limited (the “Company”) approved, among other things, a share consolidation of the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) and Class B ordinary shares (the “Class B Ordinary Shares”), with the specific ratio to be determined by the board of directors of the Company (the “Board”) (the “Reverse Split”).

 

On February 5, 2026, the Board approved the Reverse Split at a ratio of 20-for-1. Pursuant to the Board resolutions, each 20 issued and unissued Class A Ordinary Shares will be consolidated into one Class A Ordinary Share, and each 20 issued and unissued Class B Ordinary Shares will be consolidated into one Class B Ordinary Share. Following the Reverse Split, the par value of each Class A Ordinary Share and each Class B Ordinary Share will be changed from $0.000000430108 each to $0.00000860216 each. All fractional shares resulting from the Reverse Split will not be issued to shareholders; instead, any fractional entitlements will be rounded up to the next whole number.

 

The Company’s Class A Ordinary Shares will continue to trade on the Nasdaq Capital Market under the symbol “DTCK” and are expected to begin trading on a split-adjusted basis when the market opens on March 9, 2026. The new CUSIP number for the Class A Ordinary Shares following the Reverse Split will be G2677P113. 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Davis Commodities Limited
     
  By: /s/ Li Peng Leck
  Name: Li Peng Leck
  Title: Executive Chairperson and Executive Director (Principal Executive Officer)

 

Date: March 2, 2026

 

 

 

 

 2 

FAQ

What corporate action did Davis Commodities (DTCK) announce in this 6-K?

Davis Commodities Limited announced a 20-for-1 reverse stock split of its Class A and Class B ordinary shares. Every 20 issued and unissued shares of each class will be consolidated into one share of the same class following board and shareholder approvals.

How will the Davis Commodities (DTCK) 20-for-1 reverse split affect existing shares?

For Davis Commodities, every 20 existing Class A and Class B ordinary shares will be combined into one share of the same class. Shareholders will not receive fractional shares; instead, any fractional entitlement will be rounded up to the nearest whole share.

When will Davis Commodities (DTCK) start trading on a split-adjusted basis?

Davis Commodities’ Class A ordinary shares are expected to begin trading on a split-adjusted basis on the Nasdaq Capital Market when the market opens on March 9, 2026. The trading symbol will remain “DTCK” after the reverse split becomes effective.

Does the Davis Commodities reverse split change the Nasdaq ticker symbol DTCK?

The reverse stock split does not change the Nasdaq ticker symbol for Davis Commodities. The Class A ordinary shares will continue to trade under “DTCK” after the 20-for-1 consolidation, although they will trade on a split-adjusted basis starting March 9, 2026.

How are fractional shares handled in the Davis Commodities (DTCK) reverse split?

Davis Commodities will not issue fractional shares resulting from the 20-for-1 reverse split. If a shareholder’s position would create a fraction, that fractional entitlement will be rounded up to the next whole share, simplifying post-split holdings.

Which Davis Commodities share classes are affected by the 20-for-1 reverse split?

The 20-for-1 reverse split applies to both Class A and Class B ordinary shares of Davis Commodities. Each 20 issued and unissued shares of either class will be consolidated into one share of the same class under the board-approved Reverse Split.
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