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Solowin Holdings, Ltd.Bullish
Solowin Holdings (AXG) has entered into an at-the-market (ATM) offering agreement with Chaince Securities to sell up to $50 million of its Class A Ordinary Shares. The company also plans to effect a 1-for-200 reverse stock split on October 29, 2026, and reported revenue of $28.05 million for the fiscal year ended March 31, 2026.…more
Solowin Holdings, Ltd.
Solowin Holdings entered into an at-the-market (ATM) sales agreement on October 22, 2026, to offer and sell up to $50 million of its Class A ordinary shares. Additionally, the company issued $850,000 in aggregate principal amount of convertible promissory notes and 100,000 commitment shares to institutional investors on September 10, 2026.…more
Solowin Holdings, Ltd.
Solowin Holdings approved a 1-for-200 reverse share split during its extraordinary general meeting held on October 13, 2026. Shareholders also authorized an increase in share capital to $5 billion and a change in voting power for Class B ordinary shares from 10 to 50 votes per share. The share consolidation is scheduled to become effective on October 26, 2026.…more
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Solowin Holdings Reports 895% Revenue Surge, But Net Loss Persists
Solowin Holdings achieved an 895% year-over-year revenue increase driven by its AI infrastructure business. Despite this significant top-line growth, the company reported a net loss of $13.29 million, highlighting ongoing profitability challenges.…more
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Solowin Holdings saw its revenue jump 895% year-over-year driven by stablecoin and AI infrastructure growth, yet the company recorded a net loss of $13.29 million. Despite the significant top-line expansion, the persistent losses result in a neutral outlook regarding profitability.…more
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Solowin Holdings' subsidiary, AXG Digital, has appointed new executive leadership to spearhead its AI and high-performance computing infrastructure strategy. While the move aims to accelerate the company's data center development plans, the execution remains subject to future funding availability.…more
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