DigiAsia Corp. (FAASW) files Form 25 to voluntarily delist from Nasdaq

Rhea-AI Filing Summary

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.

Positive

• None.

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• DigiAsia Corp. is voluntarily delisting its ordinary shares and $11.50 exercise-price warrants from the Nasdaq Capital Market, removing these securities from that national exchange listing.

Insights

Equity markets & listing-status analyst

DigiAsia is voluntarily delisting its shares and warrants from Nasdaq.

DigiAsia Corp. is removing its ordinary shares and associated warrants from listing and registration on the Nasdaq Capital Market by filing Form 25 under Section 12(b). The filing specifies that the issuer has followed the rules of the exchange and the requirements of Rule 12d2‑2(c), which governs voluntary withdrawal by a company rather than an involuntary action by the exchange.

Delisting typically shifts trading, if it continues, to less liquid venues and can reduce visibility for many investors. This filing does not state the company’s reasons or any replacement listing venue, so the main disclosed fact is the change in listing status for the ordinary shares and warrants with a stated exercise price of $11.50 per share. The notification is authorized by the CEO, Prashant Gokarn, dated September 22, 2025.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR

REGISTRATION UNDER SECTION 12(b) OF THE

SECURITIES EXCHANGE ACT OF 1934.

Commission File Number: 001-40613

DIGIASIA CORP.

Nasdaq Capital Market

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

One Raffles Place #28-02

Singapore 048616

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Ordinary Shares, $0.0001 par value per share

Warrants, each exercisable for one Ordinary Share at an exercise price of $11.50 per share.

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

☐	17 CFR 240.12d2-2(a)(1)
☐	17 CFR 240.12d2-2(a)(2)
☐	17 CFR 240.12d2-2(a)(3)
☐	17 CFR 240.12d2-2(a)(4)
☐	Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange.
x	Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, DigiAsia Corp. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

September 22, 2025		By	/s/ Prashant Gokarn		Chief Executive Officer
Date			Name: Prashant Gokarn		Title

FAQ

What action is DigiAsia Corp. (FAASW) taking in this Form 25?

DigiAsia Corp. is filing Form 25 to remove its ordinary shares and related warrants from listing and registration on the Nasdaq Capital Market under Section 12(b) of the Securities Exchange Act of 1934.

Is DigiAsia Corp. being forced off Nasdaq or withdrawing voluntarily?

The filing states that, under Rule 12d2‑2(c), DigiAsia Corp. has complied with the rules governing the voluntary withdrawal of its securities from listing and registration on the Nasdaq Capital Market.

Which DigiAsia Corp. securities are affected by this delisting?

The Form 25 covers DigiAsia Corp.’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.

Who signed DigiAsia Corp.’s Form 25 delisting notice?

The Form 25 notification was signed on behalf of DigiAsia Corp. by its Chief Executive Officer, Prashant Gokarn, dated September 22, 2025.

What regulatory basis does DigiAsia Corp. cite for removing its listing?

DigiAsia Corp. cites compliance with the rules of the Nasdaq Capital Market and the requirements of 17 CFR 240.12d2‑2(c), which govern voluntary withdrawal of a class of securities from listing and registration.