diginex-announces-$38.6m-private-placement-to-accelerate-roll-out-of-its-blockchain-asset-ecosystem

Diginex announces $38.6M private placement to accelerate roll-out of its blockchain asset ecosystem

Diginex, a blockchain asset and crypto financial services company, today announced that it has entered into definitive agreements with obvious institutional investors to remove aggregate fallacious proceeds of approximately $38.6 million thru the non-public placement of its equity securities.

Diginex will promote an aggregate of two,571,669 of the company’s long-established shares along with warrants to net to an aggregate of two,571,669 long-established shares at a pick repeat imprint of $15.00 per share and accompanying warrant.

The warrants are exercisable all of a sudden with a time length of three years and an exercise imprint of $18.75 per share. Diginex intends to make utilize of the accumulate proceeds from the offering for working capital and original corporate capabilities. H.C. Wainwright & Co. is acting as the though-provoking placement agent for the offering.

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The offering is expected to discontinuance on or about January 13, 2021, self-discipline to satisfaction of aged closing prerequisites.

“We’re elated to verbalize this personal placement offering, which is ready to enable us to proceed to make investments in our industry and assign on our industry conception. We rolled out our bitcoin perpetual futures contract earlier this month, representing the first derivative product to delivery on EQUOS, our cryptocurrency alternate. Following the completion of this enhance, we intend to scoot up the roll-out of our product roadmap all the scheme thru the ecosystem.”


– Richard Byworth, CEO of Diginex

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