TIAN RUIXIANG Holdings Ltd. Announces Expected Effective Date for Previously Announced 1-for-50 Reverse Stock Split

Core Viewpoint - TIAN RUIXIANG Holdings Ltd. has announced a 1-for-50 reverse stock split, which is expected to take effect for trading on the Nasdaq during the week of March 16, 2026 [2]. Group 1: Reverse Stock Split Details - The Board of Directors approved the reverse stock split following the annual general meeting of shareholders held on February 17, 2026 [2]. - The par value of the Company's Class A and Class B ordinary shares will increase from US$0.125 per share to US$6.25 per share as part of the reverse split [2]. - No fractional shares will be issued; any fractional entitlements will be rounded up to the nearest whole share [2]. - The CUSIP number for the post-split Class A ordinary shares will be G8884K144 [2]. Group 2: Company Overview - TIAN RUIXIANG Holdings Ltd. is headquartered in Beijing, China, and operates as an insurance broker through its China-based variable interest entity [3]. - The company distributes a wide range of insurance products, categorized into property and casualty insurance and other types of insurance, including health and life insurance [3].