Digital Currency X Technology Inc. Announces 160-for-1 Share Consolidation Effective September 28, 2026
NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) -- Digital Currency X Technology Inc. (Nasdaq: DCX) (the “Company”) announced today that, at the extraordinary general meeting of shareholders of the Company held on September 3, 2026, its shareholders approved, among other things, the implementation of a share consolidation of the Company’s issued and unissued Class A Ordinary Shares, par value US$0.0001 each, and Class B Ordinary Shares, par value US$0.0001 each, at a ratio of one hundred and sixty (160)-for-one (1), such that every one hundred and sixty (160) Class A Ordinary Shares be consolidated into one Class A Ordinary Share of a par value of US$0.016 each and every one hundred and sixty (160) Class B Ordinary Shares be consolidated into one Class B Ordinary Share of a par value of US$0.016 each (the “Share Consolidation”), and the rounding up of any fractional shares resulting from the Share Consolidation to the nearest whole Class A Ordinary Share or Class B Ordinary Share, as applicable, which shall take effect at 12.01 AM (Eastern Time) on September 28, 2026 (the “Effective Date”).
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