Solowin Stock Sinks After $6 Million Agreement, Market Eyes AXG Dilution
Solowin Holdings shares fell on Nasdaq in the last U.S. session and stayed in the red after hours, with the Hong Kong fintech reporting a $6 million funding deal from Streeterville Capital. The loan can be repaid in cash or by issuing new Class A shares. AXG finished Tuesday at $3.45, down 0.86%, and was quoted at $3.40 after hours on Google Finance. A June 2 filing put the principal on the financing at $6.48 million with an 8% annual interest rate. The timing is key. Nasdaq's pre-market in New York was already open ahead of the standard 9:30 a.m. to 4 p.m. session. June 3 isn't on Nasdaq’s list of 2026 exchange holidays.