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SUBSEQUENT EVENTS
9 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

19. SUBSEQUENT EVENTS

 

Subsequent to December 31, 2025, the Company evaluated subsequent events through the date the financial statements are issued.

 

On January 30, 2026, the Company held its annual stockholders’ meeting. Stockholders elected five directors and authorized the board to effect a reverse stock split at a ratio between 1-for-2 and 1-for-250.

 

On February 6, 2026, the Company announced a proposed strategic acquisition of the offshore wealth management and cross-border service business of Riches Group.

 

On February 10, 2026, the Company entered into non-binding Memoranda of Understanding (“MOUs”) with two institutional investors for a potential strategic equity investment of up to $200 million at a proposed price of $1.50 per share. Definitive agreements are subject to good faith negotiations and customary closing conditions.

 

On February 11, 2026, the Company announced a proposed strategic acquisition of a Hong Kong–based AI-enabled licensed digital lending platform. The transaction, if completed, would expand the Company’s Asia-Pacific digital finance presence through AI credit technologies and digital asset-related capabilities.

 

On February 12, 2026, the Company announced advanced discussions with a significant global Bitcoin investor to explore collaboration on a sovereign-aligned, regulatory-compliant stablecoin initiative in Southeast Asia. These discussions align with its July 2025 disclosed plan to pursue a strategic investment involving up to 12,000 BTC, are preliminary with no definitive agreements executed, and no assurance of transaction completion.

 

Other than the foregoing, there were no material subsequent events requiring recognition or disclosure in the financial statements as of December 31, 2025.