Digital Currency X Technology implements 12-for-1 share consolidation

Digital Currency X Technology Inc. (NASDAQ: DCX) announced a 12-for-1 share consolidation approved by its board of directors on December 24, 2025, with an effective date of January 22, 2026.

The company stated the consolidation aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its Nasdaq listing. Beginning January 22, 2026, the company's Class A ordinary shares will trade on the Nasdaq Capital Market under the same "DCX" symbol but with a new CUSIP number G4465R137.

Under the consolidation, every 12 outstanding ordinary shares will automatically combine into one issued and outstanding ordinary share without shareholder action required. The company will not issue fractional shares, and shareholders entitled to fractional shares will receive one whole share instead.

The consolidation will change the company's authorized share capital structure. The total authorized capital will remain at $3 billion but will be divided into approximately 833.3 million shares with a par value of $3.60 each, compared to the current 10 billion shares at $0.30 par value each.

Following the consolidation, the company's outstanding Class A ordinary shares will decrease from 234.7 million shares to approximately 19.6 million shares. Outstanding Class B ordinary shares will decrease from 16,001 shares to approximately 1,334 shares.

The information is based on a company press release statement.

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