Digital Currency X Technology Inc. Announces 12 for 1 Share Consolidation

Core Viewpoint - Digital Currency X Technology Inc. has announced a share consolidation on a 12 for 1 ratio to regain compliance with Nasdaq listing requirements, effective January 22, 2026 [1][2]. Share Consolidation Details - The share consolidation will automatically convert every 12 ordinary shares into one ordinary share without requiring action from shareholders [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [3]. Changes in Share Capital - The authorized share capital will remain at US$3,000,000,000, but the structure will change from 10,000,000,000 shares of par value US$0.3 to approximately 833,333,333 shares of par value US$3.6 [4]. - The total issued and outstanding Class A ordinary shares will decrease from 234,717,048 shares to approximately 19,559,754 shares, while Class B ordinary shares will decrease from 16,001 shares to approximately 1,334 shares [4]. Company Overview - Digital Currency X Technology Inc. is focused on digital asset treasury management, with treasury holdings exceeding US$1.4 billion [5]. - The company aims to develop secure cryptocurrency custody solutions and is actively participating in decentralized finance (DeFi) ecosystems [5].