Corporate ActionAug 10, 2026, 06:09 AM
Diginex Raises $20M in Private Offering of Shares and Warrants
AI Summary
Diginex Ltd. announced it has signed securities purchase agreements with three unrelated parties to raise $20 million. The private offering includes the issuance of 20 million ordinary shares and 20 million warrants, exercisable at $1.00 per share for five years. The investors will pay the purchase price over time, with payments scheduled through early 2027. Additionally, the company will pay a $1 million introducer fee to VB Capital Limited in the form of 1 million ordinary shares.
Key Highlights
- Diginex Ltd. signed agreements to raise $20 million through a private offering.
- The offering involves the issuance of 20 million ordinary shares and 20 million warrants.
- Warrants are exercisable at $1.00 per share for a period of 5 years.
- Three unrelated investors are participating in the private offering.
- Investor 1 will purchase 10 million shares and 10 million warrants for $10 million, with payments extending to March 2027.
- Investor 2 and Investor 3 will each purchase 5 million shares and 5 million warrants for $5 million.
- Diginex will pay a $1 million fee to VB Capital Limited for introducing the investors, payable in 1 million ordinary shares.
Price Impact
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