Dgtl Hldgs Stock Price, News & Analysis

DGTL Holdings (NEX: DGTL.H) has completed several significant transactions announced in June 2025. The company executed a conversion of preferred shares where 3,499,262 preferred shares were converted to 233,284 common shares at a 15:1 ratio. Additionally, DGTL completed a private placement raising C$52,486 through issuing 15,745,800 preferred shares at C$0.05 per share.

The company also settled C$437,500 in debt by issuing 8,750,000 common shares at C$0.05 per share. Notably, CEO John David Belfontaine's ownership increased to 44.73% of outstanding common shares, making him a Control Person of the company. The transactions received necessary shareholder approvals and included related party transactions with directors Christopher Foster, George Kovalyov, and John Belfontaine.

DGTL Holdings (NEX: DGTL.H) has issued supplemental and corrective disclosure regarding its upcoming annual general and special meeting on July 31, 2025. The company is seeking shareholder approval for a debt settlement of $437,500 through the issuance of 8,750,000 Common Shares at $0.05 per share.

The debt settlement involves key related parties: CEO John Belfontaine's controlled entity ($350,000), CFO Christopher Foster ($62,500), and director George Kovalyov ($25,000). Upon completion, Belfontaine will become a Control Person with 42.95% ownership. The company requires minority shareholder approval, excluding 1,949,312 shares held by related parties.

The company has revised its regulatory compliance approach, abandoning the "financial hardship" exemption in favor of seeking minority shareholder approval under MI 61-101.

DGTL Holdings has revised its private placement terms, now offering common shares and preferred shares at $0.05 per unit for total proceeds of up to $52,500. The company plans to settle $437,500 in debt through issuing 8,750,000 common shares. CEO John Belfontaine will become a new Control Person, increasing his ownership to 42.95% through the debt settlement. The company will convert all outstanding preferred shares to common shares at a 15:1 ratio, potentially issuing between 233,284 and 1,283,284 new common shares. These transactions require shareholder approval at the upcoming July 2025 meeting and TSXV approval.

DGTL Holdings (TSXV: DGTL) has announced a non-brokered private placement offering of common and preferred shares at $0.015 per share, aiming to raise up to $75,750. The placement will consist of up to 5,050,000 common shares, offered either directly or through preferred shares convertible into common shares. CEO John Belfontaine, who currently holds 19.33% of shares, plans to subscribe for up to 4,500,000 common shares, which would increase his ownership to approximately 41.79-43.30% of outstanding shares, creating a new Control Person subject to shareholder and TSXV approval. Additionally, the company announced the appointment of Baigel Corp as Licensed Insolvency Trustee for its subsidiary Engagement Labs Inc's bankruptcy proceedings.

DGTL Holdings (TSXV: DGTL) has completed a non-brokered private placement financing, issuing 5,544,344 common shares at $0.045 per share. The shares will be subject to a mandatory four-month and one-day trading restriction period from issuance.

The company's CEO and Chairman John Belfontaine participated in the offering, acquiring 1,388,889 common shares as a related party transaction. This participation was exempt from minority shareholder approval requirements under MI 61-101, as the fair market value does not exceed 25% of the company's total market capitalization.

The gross proceeds will be allocated to working capital, with no single use exceeding 10% of the proceeds. The company has specified that no proceeds will be used for investor relations activities.

DGTL Holdings (TSXV: DGTL) has announced a modification to its previously reported non-brokered private placement financing terms. The company has adjusted the pricing from $0.02 per common share, as initially announced on February 3, 2025, to $0.045 per common share. This new price point was determined based on the closing price of the last trading day before the announcement.

DGTL Holdings (NEX: DGTL.H) has announced plans for a non-brokered private placement financing, aiming to issue up to 25 million common shares at $0.02 per share. The offering is expected to raise gross proceeds of up to $500,000, which will be allocated towards operating working capital.

The company specified that no proceeds will be used for investor relations activities, and no single use will represent 10% or more of the gross proceeds. All issued securities will be subject to a four-month and one-day restricted hold period from the issuance date. This current offering replaces a previously announced private placement from July 19th, 2024, which was never formally initiated.

DGTL Holdings Inc (TSXV: DGTL) has received final TSX Venture Exchange acceptance for trading reinstatement, expected within two business days. Due to working capital deficiency and lack of active business operations, as disclosed in their 2024 FYE audited financials, the company will be transferred to NEX, as it no longer meets Tier 2 Issuer requirements.

The company plans to rebuild working capital and explore merger and acquisition opportunities to potentially return to TSXV. Additionally, DGTL has updated Exchange filings regarding a past agreement with Red Cloud Securities Inc (RCSI), which provided market-making services from October 2021 for a monthly fee of $5,000. This agreement has expired, and RCSI currently maintains no interest in the company.

DGTL Holdings Inc. (TSXV: DGTL) has received TSX Venture Exchange approval for a share consolidation and amended Long Term Incentive Plan (LTIP). The consolidation, set at a 15:1 ratio, will reduce the company's outstanding shares from 76,465,970 to approximately 5,097,731, effective August 23, 2024. The LTIP allows for 10% of issued shares for fixed awards and 10% for rolling stock option grants. Both measures were approved by 95% of shareholders at the July 30, 2024 Annual General and Special Shareholders Meeting. Post-consolidation, the company's name and trading symbols will remain unchanged, with a new CUSIP number of 23343T203 and ISIN number CA23343T2039.