Core Viewpoint - Diginex Limited has signed a non-binding Memorandum of Understanding (MOU) to acquire 100% of IDRRA Cyber Security Ltd. (Findings) for a total consideration of up to US$305 million, aiming to enhance its technological capabilities in the cybersecurity sector and expand its compliance data verification and regulatory compliance automation offerings [1][3][5]. Group 1: Acquisition Details - The acquisition consideration includes US$270 million in Diginex shares and up to US$35 million in cash, with US$20 million contingent on achieving certain financial targets [3]. - The share consideration will be based on the 60-business day trailing VWAP of Diginex's shares as of the MOU signing date, with customary lock-up periods for Findings' shareholders ranging from 9 to 18 months [3]. - Diginex will provide further growth funding to Findings post-closing based on agreed performance metrics to support its innovation and global expansion [4]. Group 2: Strategic Importance - The acquisition aligns with Diginex's mission to enhance its supply chain risk management and compliance offerings, leveraging Findings' expertise in AI vendor risk management and cloud security [2][5]. - Findings specializes in automated vendor risk management and continuous monitoring, which will complement Diginex's existing platforms like diginexESG, diginexLUMEN, and diginexAPPRISE [2][5]. - The transaction is expected to enable Findings to leverage Diginex's global reach and resources to enhance its impact in securing supply chains against evolving threats [5][9]. Group 3: Exclusivity and Next Steps - The MOU includes a 45-day exclusivity period during which Findings will not engage with other potential acquirers, indicating a strong commitment from both parties to finalize the transaction [6].