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Mergers & Acquisitions ·

Diginex shareholders approve acquisition of Resulticks for up to 1.2B shares and 10-for-1 share consolidation

DGNXDiginex Ltd

Shareholders approved the acquisition of Resulticks Global Companies Pte. Limited, authorizing the issuance of up to approximately 1.2 billion ordinary shares as consideration. The vote also ratified a ten-for-one share consolidation, increasing authorized capital to 1.3 billion shares and adjusting par value to $0.004. Additional approvals were granted for an amended equity incentive plan with 9 million available shares and ancillary agreements involving up to 58.8 million shares for additional investment and 15 million shares for transaction introducers. Diginex Limited operates in the digital infrastructure sector, providing data center services and network connectivity.

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