Delixy Holdings Limited functions as an investment holding company that specializes in the large-scale commercial exchange of crude oil and various refined petroleum products. Its operational footprint spans across Southeast Asia, East Asia, and the Middle East. This firm, established in 2024, maintains its principal office in Singapore. Ultimately, Delixy Holdings Limited operates as a subsidiary of Mega Origin Holdings Limited.
Delixy Holdings Limited Announces 1-for-5 Reverse Share Split Effective September 28, 2026
Delixy Holdings will consolidate its Class A and Class B ordinary shares on a one-for-five basis, with post-split trading on Nasdaq beginning September 28, 2026 under the same DLXY symbol and a new CUSIP (G2703G 111).
The split raises par value from US$0.000005 to US$0.000025 per share and leaves approximately 1,434,800 Class A and 1,835,200 Class B shares outstanding, with fractional entitlements rounded up to whole shares.
The board fixed the one-for-five ratio on August 12, 2026, after shareholders authorized a consolidation within a specified range at the February 23, 2026 general meeting.
The stated purpose is to lift the market price per share to maintain the Nasdaq listing — a compliance-driven move signaling the shares have been trading at levels that put the listing at risk. Transhare Corporation will act as exchange agent, and no action is required from book-entry holders.