SINGAPORE, March 02, 2026 — Davis Commodities Limited (“Davis Commodities” or the “Company”) (Nasdaq: DTCK), a global agricultural commodity trading firm, today declared that its board of directors (the “Board”) has authorized a 20-for-1 reverse share split (the “Reverse Split”) for its Class A and Class B ordinary shares. The Reverse Split, which received shareholder approval on February 4, 2026, will become effective for trading on a split-adjusted basis starting March 9, 2026.
Pursuant to the Reverse Split, every twenty issued and unissued Class A Ordinary Shares will be combined into a single Class A Ordinary Share, and the same 20-for-1 consolidation will apply to the Class B Ordinary Shares. As a result of the Reverse Split, the par value per share for both classes will rise from US$0.000000430108 to US$0.00000860216. The Company will not issue fractional shares; instead, any fractional share entitlements will be rounded up to the next whole share.
The Company’s Class A Ordinary Shares will maintain their listing on the Nasdaq Capital Market under the ticker “DTCK.” A new CUSIP number, G2677P113, will be assigned to the Class A Ordinary Shares following the consolidation.
This action is designed to assist the Company in meeting Nasdaq’s continued listing requirements and could lead to an enhancement in the market price of its stock.
For further information, please visit https://ir.daviscl.com
About Davis Commodities Limited
Headquartered in Singapore, Davis Commodities Limited is an agricultural commodity trading company focusing on sugar, rice, and oil and fat products across markets in Asia, Africa, and the Middle East. The Company procures, markets, and distributes commodities under its primary brands, Maxwill and Taffy, from its base in Singapore. Additionally, it offers its commodity customers supplementary services, including warehouse handling, storage, and logistics.
Leveraging a well-established global network of third-party suppliers and logistics providers, the Company distributes its sugar, rice, and oil and fat products to a customer base spanning more than 20 countries.
CONTACT: For more information, please contact: Davis Commodities Limited Investor Relations Department Email: investors@daviscl.com Celestia Investor Relations Dave Leung Email: investors@celestiair.com
