Solowin Holdings - Class A Ordinary Share (AXG)

Solowin Holdings (NASDAQ: AXG) announced its intention to acquire Gello Finance Ltd. through its wholly owned subsidiary AlloyX (Hong Kong) Limited to obtain a Canadian Money Services Business license regulated by the Financial Transactions and Reports Analysis Centre of Canada, a move that would provide fully compliant access to North America markets and advance the Company’s global expansion strategy. Upon completion, the MSB license would authorize AXG to offer regulated foreign exchange, cross-border remittance, virtual currency and payment processing services, formally establishing its entry into North America’s mainstream financial and digital asset ecosystems while strengthening its compliance framework across OECD jurisdictions.