China SXT Sets 1-for-100 Share Consolidation Effective October 26
SXTC is trading near its 52-week low of $0.061 (12% above the low) on elevated volume (11× avg).
Summary
China SXT will combine every 100 Class A ordinary shares into one on October 26, 2026, cutting the Class A count from 68,677,498 to roughly 686,775. Trading continues on Nasdaq under SXTC with a new CUSIP, G2161P181. This is the company's second reverse split in about two and a half months, following the 1-for-80 consolidation that took effect August 10, 2026, and it comes after a $12 million registered direct offering in October with zero-price exercise warrants that could add up to 72 million shares. The company is doing this to hold its Nasdaq listing and lift a sub-$0.10 share price, not because the business improved. The dilution overhang from those warrants remains the bigger issue for anyone holding the stock.
At the time of this announcement, SXTC was trading at $0.07 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $756.1K. The 52-week trading range was $0.06 to $83,758.24. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: PR Newswire.