TIAN RUIXIANG Holdings Ltd. (NASDAQ:TIRX) said its planned 1-for-50 reverse stock split is expected to take effect for trading during the week of March 16, 2026, subject to final processing and confirmation by Nasdaq.
The company’s board authorized the implementation after shareholders approved the measure at the annual general meeting held on February 17. Following the adjustment, the company’s Class A ordinary shares will continue trading on the Nasdaq Capital Market under the unchanged ticker symbol TIRX. The move comes as the stock trades around $0.08, representing a decline of roughly 99% over the past year and placing shares close to their 52-week low of $0.04.
Under the reverse split, the par value of both Class A and Class B ordinary shares will increase from $0.125 per share to $6.25 per share. Fractional shares will not be issued; instead, any fractional holdings will be rounded up to the nearest whole share. After the split, the Class A ordinary shares will carry a new CUSIP number of G8884K144.
TIAN RUIXIANG Holdings operates as an insurance brokerage in China through a variable interest entity structure. The company distributes a range of insurance products, including commercial property and casualty coverage, liability and accident insurance, automobile policies, as well as health, life, and other insurance offerings.
The announcement is based on information released in a company press statement.
In related developments, Tian Ruixiang recently disclosed changes to its Bitcoin partnership strategy, increasing the planned Bitcoin contribution from a strategic investor to 30,000 BTC, valued at more than $2.0 billion, highlighting expanded investor commitment amid volatile market conditions. Shareholders also formally approved the 1-for-50 reverse share split at the annual meeting, granting the board authority to proceed with the consolidation and raise authorized share capital to $3.75 billion.
The company is additionally engaged in late-stage discussions with several Southeast Asian governments regarding the launch of a regulated stablecoin, including talks with financial regulators in Indonesia, Malaysia, Singapore, and Thailand. Separately, Tian Ruixiang has introduced an AI Strategic Initiative aimed at improving insurance operations through automation and cost reductions. It is also in advanced negotiations to acquire a Hong Kong-based brokerage focused on offshore asset allocation and wealth management, with the target firm reportedly generating annual revenue exceeding $200 million.
These developments reflect Tian Ruixiang’s broader strategy to expand into digital assets, artificial intelligence, and acquisition-led growth opportunities.