Shareholders Clear the Way for Diginex's $1.05B Resulticks Deal and 1-for-10 Reverse Split
DGNX sits 49% above its 52-week low of $0.85 on light trading volume (0.3× avg).
Summary
At the October 8 EGM, Diginex shareholders approved the $1.05B Resulticks acquisition, a 1-for-10 reverse split, and an increase in authorized share capital, with 98.8% voting in favor.
Key Events · M&A and Partnerships · DGNX
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Resulticks Acquisition Approved
With 98.8% of votes cast in favor, shareholders authorized the $1.05B acquisition of Resulticks, including the issuance of 600,000,000 consideration shares to the sellers.
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1-for-10 Reverse Split Approved
The share consolidation proposal passed with 98.8% approval, consolidating every 10 ordinary shares into 1 share and adjusting the par value from $0.0004 to $0.004.
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Authorized Share Capital Increased
Authorized share capital rose from 495M to 1.3B ordinary shares (plus redesignation of 5M preferred shares), creating 800M additional authorized shares.
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Ancillary Agreements Approved
The Ancillary Agreements Proposal passed with 73.7% approval, covering up to 40M shares to Rhino Ventures, approximately 58.8M shares for Resulticks Additional Investment, and 15M shares to the transaction introducer.
Analysis · DGNX · Technology
The final governance hurdle for a transformative acquisition has been cleared: at the October 8 extraordinary general meeting, Diginex shareholders voted overwhelmingly in favor of the $1.05 billion Resulticks purchase, the 1-for-10 reverse split, and a substantial increase in authorized share capital. With a 98.8% approval rate, the company can now issue 600 million consideration shares to Resulticks sellers, fundamentally reshaping its ownership structure. The reverse split and the expansion of authorized shares to 1.3 billion are also approved, setting the stage for the deal to close. This approval comes amid significant insider selling ($8.7M in 90 days), a $31.2M loss, going concern risk, and the recent resignation of the CEO, COO, and a director.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.7% of the 1045 measured filings Wiseek scored 8 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 $1.27 on NASDAQ in the Technology sector, with a market capitalization of approximately $37M. The 52-week trading range was $0.85 to $318.84. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.