Corporate ActionJun 3, 2026, 04:33 PM
VCI Global Completes Exercise of 818,258 Pre-Funded Warrants
AI Summary
VCI Global Limited announced the completion of the exercise of 818,258 Pre-Funded Warrants (PFWs) into ordinary shares on June 3, 2026. These PFWs, originally issued under a Securities Purchase Agreement from November 10, 2025, were exercised at a nominal price of $0.0001 per share. A total of 818,258 new ordinary shares were issued to various accredited investors, including Tether Investment S.A. de C.V., Song Yann Yunn, and MHOF VIII, LLC, while adhering to beneficial ownership limitations.
Key Highlights
- VCI Global completed the exercise of 818,258 Pre-Funded Warrants.
- A total of 818,258 ordinary shares were issued.
- The warrants were exercised at a nominal price of $0.0001 per share.
- Warrants were originally issued under a Securities Purchase Agreement dated November 10, 2025.
- Issuance complied with beneficial ownership limitations (4.99% or 9.99%).
- Tether Investment S.A. de C.V. received 326,321 shares (4.326% post-issuance).
- Song Yann Yunn received 129,104 shares (1.712% post-issuance).
- MHOF VIII, LLC received 129,104 shares (1.712% post-issuance).
Price Impact
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