Axonex AI Sets 2-for-5 Reverse Stock Split for October 22

• Axonex AI Group will implement a 2-for-5 reverse stock split covering Class A ordinary shares and Class B ordinary shares.
• Class A ordinary shares will begin split-adjusted trading on Nasdaq on October 22, 2026, under the unchanged symbol AXNX.
• Outstanding Class A ordinary shares will decline from 15,190,742 to approximately 6,076,297, subject to rounding.
• The consolidation aims to regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing.
• Fractional shares resulting from the reverse stock split will be rounded up to the next whole share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axonex AI Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-110831), on October 20, 2026, and is solely responsible for the information contained therein.