Chairman Miles Pelham Sells Another $1.5M of Diginex Shares
DGNX sits 51% above its 52-week low of $0.85 on light trading volume (0.3× avg).
Summary
Diginex Chairman Miles Pelham sold another $1.5 million of shares in September, adding to his $7.2 million August sale, ahead of the October 8 vote on the Resulticks acquisition.
Key Events · Ownership and Investor Activity · DGNX
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Chairman Sells $1.5M More Shares
Rhino Cayman and Miles Pelham sold 1,035,107 shares for approximately $1.49 million between September 14 and September 22, 2026, at prices of $1.43 to $1.46 per share.
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Ownership Drops to 39.2%
Beneficial ownership now stands at 39.2% based on 82,560,892 shares outstanding as of September 24, 2026, including 32,355,003 shares underlying warrants exercisable within 60 days.
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Follows $7.2M August Sale
This adds to the $7.2 million sale disclosed in the August 22, 2026 13D/A, bringing total recent insider selling to over $8.7 million.
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Ahead of October 8 Vote
The sales come just weeks before the October 8 shareholder vote on the $1.05 billion Resulticks acquisition and a 1-for-10 reverse split.
Analysis · DGNX · Technology
Between September 14 and September 22, Chairman Miles Pelham and his investment vehicle Rhino Ventures sold over 1 million shares for roughly $1.5 million, at prices ranging from $1.43 to $1.46. This follows a $7.2 million sale in August and comes just weeks before the October 8 shareholder vote on the $1.05 billion Resulticks acquisition and a 1-for-10 reverse split. The continued selling by the company's chairman while the stock trades near $1.28 raises questions about his conviction in the pending deal, though the sales are modest relative to his remaining 39.2% stake.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DGNX was trading at $1.28 on NASDAQ in the Technology sector, with a market capitalization of approximately $37.3M. The 52-week trading range was $0.85 to $318.84. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.