Welcome to our dedicated page for DigiAsia SEC filings (Ticker: FAAS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
DigiAsia Corp. filings document foreign-issuer current reports and exchange-listing status for an Indonesian Fintech-as-a-Service company formerly known as StoneBridge Acquisition Corporation. The record includes Form 6-K disclosures on auditor appointments and resignations, Nasdaq listing-rule compliance, voluntary withdrawal of ordinary shares and warrants from Nasdaq listing and registration, and a Form 25 filing for the securities.
Regulatory filings also describe capital-structure items such as a convertible promissory note and the related securities purchase agreement, as well as governance approvals, audit committee actions, internal-control and audit-scope matters, and references to periodic reporting under Form 20-F.
DigiAsia Corp. has entered into definitive agreements for a proposed multi-step transaction with PayMate India Limited. DigiAsia plans to sell 100% of its subsidiary DigiAsia Bios to a PayMate subsidiary in exchange for 248,000 shares of that subsidiary and later 116,944,300 PayMate shares, which would equal about 49% of PayMate on a fully diluted basis. The first closing must occur within 60 business days of the SPA, with the second closing within 30 business days after that. Both closings are subject to funding, regulatory consents, and a voluntary DigiAsia shareholder approval, and there is no assurance the transaction will be completed.
DigiAsia Corp. received an amended ownership report from Arena Investors and related entities showing they now report beneficial ownership of 0 ordinary shares, or 0.0% of the class. The filing notes that, following DigiAsia’s Form 25 filed on September 22, 2025, the reporting group no longer owns more than 5% of the company’s ordinary shares.
The reporting persons also certify that the securities were not acquired or held for the purpose of changing or influencing control of DigiAsia, and that they are not participating in any transaction intended to influence control, other than potential activities solely related to director nomination rules.
DigiAsia Corp. reports a change in its independent auditor. EC Barrett, LLC resigned as the company’s auditor on October 15, 2025 after determining that scope limitations during its audit prevented it from obtaining sufficient appropriate audit evidence to complete the engagement in accordance with generally accepted auditing standards. On November 15, 2025, after approval by the Board of Directors and its Audit Committee, DigiAsia appointed Mercurius & Associates LLP as the new independent registered public accounting firm, with the engagement effective November 26, 2025.
The company states that its decision to appoint Mercurius was not due to any disagreement with EC Barrett on accounting principles, practices, or financial statement disclosure. DigiAsia also notes that it did not consult Mercurius on accounting or auditing matters before the engagement. EC Barrett’s response letter to the U.S. Securities and Exchange Commission is included as an exhibit.
DigiAsia Corp. has filed a Form 25 to remove its ordinary shares and warrants from listing and registration on the Nasdaq Capital Market under Section 12(b) of the Securities Exchange Act of 1934. The filing covers the company’s ordinary shares with a par value of $0.0001 per share and its warrants, each exercisable for one ordinary share at an exercise price of $11.50 per share.
The company states that it has complied with Nasdaq’s rules and the requirements of Rule 12d2‑2(c) governing the voluntary withdrawal of these securities from listing and registration. The notification is signed on behalf of DigiAsia by Chief Executive Officer Prashant Gokarn.
DigiAsia Corp. reports that it has formally withdrawn its appeal of Nasdaq’s prior decision to delist its securities from the Nasdaq Capital Market. The company’s board had already determined that voluntarily delisting from Nasdaq was in the best interests of the company and its shareholders.
The last day of trading for DigiAsia’s securities had been expected to be on or about October 2, 2025, but trading was suspended earlier, on September 19, 2025. The securities are still expected to be officially delisted from the Nasdaq Capital Market on or about October 2, 2025, and Nasdaq has acknowledged the withdrawal and will proceed with the delisting process under its rules. The company also notes that it is evaluating its operations and strategic options, including a potential sale, merger, or going-private transaction, and cautions that forward-looking statements are subject to significant risks and uncertainties.
DigiAsia Corp. has decided to voluntarily remove its common stock and warrants from listing on the Nasdaq Capital Market. The board of directors approved this withdrawal on September 12, 2025, and the company notified Nasdaq of its intention to delist the same day.
The company references a broader strategic review, including the possibility of a sale, merger, or going private, and notes that any expected benefits from going private are forward-looking and subject to significant risks and uncertainties. Further details about the delisting are provided in a press release dated September 12, 2025, which is attached as an exhibit.
DigiAsia Corp. changed its independent auditor, appointing EC Barrett, LLC as its registered public accounting firm after approval by the board and audit committee, and dismissing BDO India LLP effective August 8, 2025. The company states this decision followed a careful evaluation and was not due to any disagreements with BDO on accounting principles, financial statement disclosure, or audit scope or procedures.
BDO’s audit report on StoneBridge Acquisition Corporation for the year ended December 31, 2023 did not contain an adverse or disclaimer of opinion and was not otherwise qualified, but it included an explanatory paragraph about the company’s ability to continue as a going concern. A material weakness in internal control over financial reporting identified in the Form 10-K remained in place during that fiscal year. BDO also issued going concern–emphasis reports for DigiAsia Bios Pte Ltd for 2022 and 2023. BDO has provided a letter to the SEC, filed as Exhibit 16.1, indicating its position on these disclosures.
DigiAsia Corp. received a Schedule 13G/A disclosing that a group of related reporting persons led by Arena Investors, LP beneficially owns 7,238,921 Ordinary Shares, representing 9.99% of the class as of the June 30, 2025 event date. The reported holdings include 50,000 Ordinary Shares and additional Ordinary Shares underlying derivative securities exercisable or convertible within 60 days.
The filing explains the ownership chain: Helena Special Opportunities, LLC directly holds the shares; Arena SPV Manager, LLC manages Helena; Arena Investors, LP is the sole member of the manager; and Arena Investors GP, LLC is the general partner of the adviser. The reporting persons certify the securities were not acquired to change or influence control of the issuer.