Diginex Provides Update on Acquisition Progress

Rhea-AI Summary

Diginex (NASDAQ: DGNX) provided an update on three acquisition targets on Dec 23, 2025. For Resulticks, Diginex says final terms to definitive transaction documentation are agreed and counsels are updating deal documents; closure of cash consideration is expected to be conditional on a debt-based acquisition financing that would avoid further equity dilution. Management expects an update on the definitive documents and debt facility within 30 days, but noted there is no assurance the transaction will close. For Findings, due diligence and drafting have been paused for lack of substantive progress and the acquisition is now considered unlikely in the short term. For Kindred, Diginex has not received substantive due diligence and believes closing is unlikely at this time.

Positive

• Final terms to Resulticks transaction documentation have been agreed
• Deal closure aims to avoid further equity dilution via debt financing
• Company expects a definitive-documents update within 30 days

Negative

• Findings acquisition due diligence paused; deal unlikely short-term
• Kindred transaction lacks substantive due diligence; closing unlikely
• No assurance Resulticks transaction will ultimately execute or close

Key Figures

Resulticks update timeline 30 days Expected timing for update on definitive documentation and debt facility

Market Reality Check

$7.35 Last Close

Volume Volume 376,793 is 0.54x the 20-day average 698,796, indicating subdued trading ahead of this update. low

Technical Shares traded below the 200-day MA, at 6.99 versus the 10.66 moving average before this news.

Peers on Argus

Pre‑announcement, DGNX was modestly higher while key Consulting peers showed mixed moves (e.g., ICFI +0.11%, CRAI +1.23%, HURN -0.91%, SBC -4.45%, FCN +1.47%), suggesting stock‑specific rather than sector‑wide drivers.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 19	Revenue, strategy update	Positive	+12.6%	Emphasized rapid revenue growth and positioning in tightening compliance markets.
Dec 19	Monetization update	Positive	+12.6%	Detailed strong monetization of verification software and scalable margins.
Dec 18	Acquisition agreement	Positive	-3.9%	Definitive deal to acquire The Remedy Project for supply‑chain remediation capabilities.
Dec 11	Leadership change	Neutral	+0.2%	Appointed Deputy Chairman to support M&A and integration in RegTech expansion.
Dec 09	Earnings, balance sheet	Positive	+20.8%	Reported 293% revenue growth, larger operating loss, stronger net assets and cash.

Pattern Detected

Over the last five news events, strong revenue and strategic updates often coincided with double‑digit gains, while one notable acquisition closing drew a modest pullback.

Recent Company History

In the past months, Diginex reported 293% revenue growth to $2.0M and highlighted mid‑70% gross margins, with those updates driving price reactions of +20.81% and +12.58%. The company advanced an acquisition program, signing a definitive deal for The Remedy Project and closing the all‑share purchase of Matter DK ApS, though the Remedy news saw a -3.88% move. Governance was reinforced via a new Deputy Chairman. Today’s acquisition roadmap update fits into this ongoing M&A‑led expansion and integration strategy.

Market Pulse Summary

This announcement updates Diginex’s M&A roadmap, advancing a debt-financed Resulticks acquisition while pausing the Findings deal and signaling that Kindred is unlikely to close. It highlights a preference for a solely debt-based facility to avoid equity dilution and sets a 30‑day window for further clarity. In context of recent high‑growth results and multiple MOUs, execution of this refined acquisition mix and financing structure remains a key metric to watch.

Key Terms

esg technical

"competitive position in the rapidly evolving ESG and compliance landscape."

ESG stands for Environmental, Social, and Governance, which are key factors investors consider when evaluating how sustainable and responsible a company is. It involves assessing how a company manages its impact on the environment, treats its employees and communities, and operates transparently and ethically. Investors use ESG criteria to identify businesses that align with their values and have the potential for long-term success.

due diligence financial

"due diligence and drafting on definitive agreements with IDRRA Cyber Security Ltd."

Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

equity dilution financial

"debt-based acquisition financing facility without further equity dilution."

Equity dilution happens when a company issues more shares, so each existing shareholder owns a smaller slice of the company; think of slicing the same pizza into more pieces. It matters to investors because dilution can reduce an individual’s voting power and share of future profits or earnings per share, potentially lowering the market value of existing holdings unless the new capital meaningfully increases the company’s overall worth.

acquisition financing facility financial

"execution of a solely debt-based acquisition financing facility without further"

An acquisition financing facility is a dedicated loan or line of credit set up to pay for a company buying another business or assets. Think of it as a mortgage or special-purpose credit card used specifically to fund a takeover, with agreed interest, repayment terms and sometimes covenants that shape how the buyer can operate. Investors watch these facilities because they affect a company’s debt level, cash flow and financial risk, and they influence whether an acquisition will boost returns or strain resources.

AI-generated analysis. Not financial advice.

LONDON, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Diginex Limited (NASDAQ: DGNX) (“Diginex” or the “Company”), announced a strategic update on its forward-looking acquisition roadmap, underscoring the Company’s commitment to accelerating growth, expanding market reach, and strengthening its competitive position in the rapidly evolving ESG and compliance landscape.

Resulticks Update

Diginex remains in active and constructive dialogue with Resulticks Global Companies Pte Limited (“Resulticks”), with final terms to the definitive transaction documentation now agreed to and deal documents in the process of being updated by counsels. It is anticipated that the closure of the cash consideration elements of the deal will be conditional upon the execution of a solely debt-based acquisition financing facility without further equity dilution. The parties are in talks with several debt providers, and it is anticipated that an update will be able to be provided with regards to the final definitive transaction documentation, including the debt facility within the next 30 days.

Whilst Diginex is hopeful of concluding the transaction with Resulticks, there can be no assurance that the parties will ultimately execute the definitive transaction agreement or close the proposed transaction

Findings Update

Diginex reports that the due diligence and drafting on definitive agreements with IDRRA Cyber Security Ltd. (“Findings”) has been paused due to a lack of substantive due diligence, process or material progress on the definitive transaction documentation. Diginex anticipates that acquisition of Findings is unlikely to occur in the short-term.

Kindred Update

Diginex has not received substantive due diligence from Kindred OS (“Kindred”). Accordingly, Diginex believes that continuing to pursue definitive transaction documentation is not warranted, and at this time it appears that closing of the Kindred deal is unlikely.

About Diginex

Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software.

The award-winning diginexESG platform supports 19 global frameworks, including GRI (the “Global Reporting Initiative”), SASB (the “Sustainability Accounting Standards Board”), and TCFD (the “Task Force on Climate-related Financial Disclosures”). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service.

For more information, please visit the Company’s website: https://www.diginex.com/.

About Resulticks
Resulticks is a leading provider of AI-powered, omnichannel customer engagement and data management solutions. Its platform enables businesses to deliver personalized experiences through real-time data analytics and automation, serving clients across industries in North America, Asia, and the Middle East. Resulticks is headquartered in New York, with additional offices in India, Singapore, and Dubai.

For more information, please visit the Resulticks website: https://resulticks.com/

About Findings
Findings, legally known as IDRRA Cyber Security Ltd, provides supply chain risk monitoring platform as a service. It offers solutions for highly secured supply chain cybersecurity and resiliency, automated cloud audits, continuous monitoring, remediation tracking and vendor breach disclosure for enterprises in different sizes as well as secure data sharing through its AI powered SaaS platform and category leading products, enabling organizations to make confident, risk-related strategic decisions and maintain compliance in the rapidly growing supply chain global regulatory ecosystem, such as CMMC, DORA, CII, NIS2 and others that aim to secure the emerging threats and attack vectors.

For more information, please visit the Company’s website: https://findings.co/

About Kindred OS

Kindred OS is an emerging artificial intelligence company developing the H1 Edge AI platform, which enables predictive analytics and local deployment of small-language models across education, healthcare, and infrastructure sectors. Its technology emphasizes offline, privacy-preserving intelligence, bringing advanced AI capabilities to environments where cloud-based systems are impractical or non-compliant.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results disclosed in the Company's filings with the SEC.

Diginex
Investor Relations
Email: ir@diginex.com

IR Contact - Europe
Anna Höffken
Phone: +49.40.609186.0
Email: diginex@kirchhoff.de

IR Contact - US
Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global

FAQ

What did Diginex (DGNX) announce about the Resulticks acquisition on December 23, 2025?

Diginex said final terms to the Resulticks transaction documentation are agreed and counsels are updating documents; closure is expected to depend on a debt-based financing facility.

Does the Resulticks deal require equity dilution for Diginex (DGNX)?

Diginex anticipates the cash consideration will be conditional on a solely debt-based acquisition financing, intended to avoid further equity dilution.

When will Diginex (DGNX) provide an update on the Resulticks debt facility and definitive documents?

The company expects to provide an update regarding the definitive transaction documentation and the debt facility within 30 days of December 23, 2025.

What is the status of the Findings acquisition for Diginex (DGNX)?

Diginex reported due diligence and drafting on Findings have been paused due to lack of substantive progress, making the acquisition unlikely in the short term.

Why is the Kindred deal unlikely to close for Diginex (DGNX)?

Diginex has not received substantive due diligence from Kindred, and therefore believes continuing to pursue definitive transaction documentation is not warranted.

What risk did Diginex (DGNX) highlight about its acquisition roadmap on December 23, 2025?

The company cautioned there is no assurance that parties will ultimately execute definitive agreements or close the proposed transactions.