Ten-League International Holdings Limited (NASDAQ:TLIH) ("TLIH" or "we," "our," or the "Company"), a Singapore-based provider of turnkey project solutions, today announced that on April 6, 2026, its board of directors approved a reverse split of its ordinary shares, par value US$0.000025 (the "Ordinary Shares"), on a one-for-ten basis (the "Reverse Share Split"). The Company's Ordinary Shares will begin trading on the Nasdaq Stock Market LLC ("Nasdaq") on a post-split basis on May 1, 2026 under the symbol "TLIH" under a new CUSIP number – G8763W201.
As a result of the Reverse Share Split, each ten (10) issued and outstanding Ordinary Shares will be combined into one (1) Ordinary Share, automatically and without any action by shareholders. The Reverse Share Split will result in a proportional increase in par value from US$0.000025 per share to US$0.00025 per share and an adjustment of the Company's authorized share capital to 2,000,000,000 Ordinary Shares with a par value of US$0.00025 each. After giving effect to the Reverse Share Split, the Company expects to have approximately 2,940,435 Ordinary Shares issued and outstanding. The Reverse Share Split is intended to increase the market price per share of the Company's Ordinary Shares to allow the Company to maintain its Nasdaq listing.