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VCI Global Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-10-31 08:30
Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]
VCI Global Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-10-31 08:30
Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]