Diginex Acquisition Target Resulticks Projected to Add $150M Revenue, $46-50M EBITDA
DGNX sits 34% above its 52-week low of $0.892.
Summary
Diginex provided a significant update on its proposed $1.5 billion all-stock acquisition of Resulticks, projecting the target to contribute approximately $150 million in annual revenue and $46-50 million in EBITDA. This follows the definitive agreement announced in April and the recent extension of the long stop date to June 12, 2026, to satisfy remaining closing conditions. The projected financial contributions are highly material for Diginex, which has a market capitalization of around $34 million. Chairman Miles Pelham also reiterated his personal investment of $25.4 million at an average price of $5.69 per share (post-split), signaling strong confidence. The acquisition is now expected to close by June 12, 2026.
At the time of this announcement, DGNX was trading at $1.20 on NASDAQ in the Technology sector, with a market capitalization of approximately $34M. The 52-week trading range was $0.89 to $318.84. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.