SOLOWIN HOLDINGS Announces 1-For-200 Reverse Stock Split, Effective Oct. 29

SOLOWIN HOLDINGS (Nasdaq: AXG) (together with its subsidiaries, "AXG" or the "Company"), a leading financial technology firm bridging traditional and digital assets, today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.0001 per share (the "Class A Ordinary Shares") and Class B ordinary shares, par value $0.0001 per share (the "Class B Ordinary Shares"), at a ratio of 1-for-200.