Diginex Limited furnished Exhibits 10.1-10.4 detailing a Warrant Issuance and Cancellation Deed replacing HK warrants for 10,172 HK Company shares with new warrants exercisable into 51% of the company's Ordinary Shares at US$6.13 per warrant, and amended warrant instruments tied to a planned offering of 2,250,000 Ordinary Shares with registration rights. These disclosures outline potential significant dilution upon exercise through 2029.
Key takeaways
Exhibit 10.1 cancels HK Warrants issued 27 May 2024 for 10,172 ordinary shares of Diginex Solutions (HK) Limited.
Exhibit 10.1 issues Warrants to RHINO VENTURES LIMITED at Subscription Price US$6.13 per Warrant, fully exercisable into 51% of Diginex Limited's Ordinary Shares by 27 May 2029.
Exhibits 10.2-10.4 are Warrant Instruments dated 3 January 2025, amended 20 March 2026, with maturities 23 April 2028, 23 July 2028, and 23 January 2029.
Warrants under Exhibits 10.2-10.4 granted to Investor(s) on closing of Offering of 2,250,000 Ordinary Shares.
Registration rights for shares upon exercise: two demand registrations and unlimited piggyback for 5 years post-IPO at company's expense.