Decent Holding (DXST) announced that on February 25, 2026, its board of directors approved a reverse split of its Class A ordinary shares and Class B ordinary shares on a one-for-twenty-five basis. The Company’s Class A Ordinary Shares will begin trading on the Nasdaq Stock Market on a post-split basis on March 16, 2026 under the symbol “DXST” under a new CUSIP number – G2748R205. As a result of the Reverse Share Split, each twenty-five issued and outstanding Class A ordinary shares will be combined into one Class A ordinary share and each twenty-five issued and outstanding Class B ordinary shares will be combined into one Class B ordinary share, automatically and without any action by shareholders. The reverse split will result in a proportional increase in par value from $0.0001 per share to $0.0025 per share and an adjustment of the Company’s authorized share capital to $50,000 divided into 19,800,000 Class A ordinary shares with a par value of $0.0025 each and 200,000 Class B ordinary shares with a par value of $0.0025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 1,615,103 Class A ordinary shares and 200,000 Class B ordinary shares issued and outstanding. The Reverse Share Split is intended to increase the market price per share of the Company’s Class A ordinary shares to allow the Company to maintain its Nasdaq listing.
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