TIAN RUIXIANG Holdings Ltd. (Nasdaq: TIRX) has announced the results of its February 17, 2026 annual general meeting, revealing shareholder approval of a 1-for-50 reverse share split. This move marks a significant step in the Company’s ongoing development.
TIAN RUIXIANG Holdings Ltd. Announces Results of Annual General Meeting and Approval of 1-for-50 Reverse Share Split
Key Takeaways:
- TIAN RUIXIANG is listed on Nasdaq under the ticker TIRX
- A shareholders’ meeting took place on February 17, 2026
- A 1-for-50 reverse share split was officially approved
- The results were announced on February 18, 2026
- The meeting was described as the annual general meeting of shareholders
Meeting Overview
On February 17, 2026, TIAN RUIXIANG Holdings Ltd. convened its annual general meeting of shareholders in Beijing. The meeting served as an opportunity for stakeholders to review the Company’s progress over the previous year, discuss corporate objectives, and vote on critical proposals.
Shareholder Approval
During the meeting, shareholders cast their votes regarding a 1-for-50 reverse share split. This key proposal was met with approval, signifying the shareholders’ support for the Company’s strategic direction. As a result, TIAN RUIXIANG publicly announced on February 18, 2026 that the measure had officially passed.
Significance of the Reverse Share Split
A reverse share split reduces the number of outstanding shares by combining them at a specified ratio—in this case, one new share for every 50 existing shares—potentially altering share price and market perception. For TIAN RUIXIANG, the approval of this measure reflects a considered decision by management and shareholders to adjust the Company’s capital structure.
The announcement underscores TIAN RUIXIANG Holdings Ltd.’s efforts to align its corporate actions with shareholder interests while continuing to trade under the Nasdaq ticker symbol TIRX.