Core Viewpoint - Diginex Limited has signed a Memorandum of Understanding for an all-share acquisition of Matter DK ApS, valuing Matter at $13 million, aimed at enhancing Diginex's ESG data analytics capabilities [1][2][3]. Group 1: Acquisition Details - The acquisition involves an all-share transaction where Diginex will issue ordinary shares based on the 60-trading day trailing VWAP as of May 23, 2025, with an 18-month lock-up period for the shares [1]. - Matter is an innovative ESG data company based in Copenhagen, Denmark, with its largest shareholder being NASDAQ [1]. Group 2: Strategic Importance - This acquisition is expected to enhance Diginex's portfolio by integrating Matter's advanced ESG data analytics, benchmarking, and reporting capabilities, allowing Diginex to offer more comprehensive ESG solutions globally [2]. - The acquisition aligns with Diginex's mission to empower businesses with cutting-edge AI tools to drive sustainable impact, entering a sector with significant growth potential [3]. Group 3: Company Background - Diginex Limited is a sustainable RegTech business that utilizes blockchain, AI, machine learning, and data analysis technology to improve transparency in corporate regulatory reporting and sustainable finance [4]. - The diginexESG platform supports 17 global frameworks, providing end-to-end support for ESG reporting, including materiality assessments and stakeholder engagement [5]. Group 4: Matter's Role - Matter delivers actionable insights through advanced analytics and reporting, enabling organizations to achieve their sustainability objectives [6].
Diginex Signs MOU to Acquire Matter DK ApS, Expanding Its Sustainability Data and AI Capabilities