Diginex Limited Completes $38.6 Million Private Placement


Source: crowdfundinsider.com crowdfundinsider.com

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By Samantha Hurst Diginex Limited , a digital assets financial services company, announced on Thursday it has completed a $38.6 million private placement with certain institutional investors. According to Diginex, an aggregate of 2,571,669 ordinary shares along with warrants to purchase up to an aggregate of 2,571,669 ordinary shares at a purchase price of $15.00 per share and accompanying warrant were subscribed. “The warrants are exercisable immediately with a term of three years and an exercise price of $18.75 per share. Diginex intends to use the net proceeds from the offering for working capital and general corporate purposes to further...