VCI Global Limited entered into an equity purchase agreement with Hudson Global Ventures and secured convertible-note transactions with Dune Equity Holdings and FirstFire Global Opportunities Fund on September 23, 2026. The Hudson agreement lets VCI Global direct purchases of up to $125,000,000 in ordinary shares over approximately 36 months, subject to conditions; Hudson cannot require a sale. VCI Global issued Hudson a five-year warrant for 1,171,875 shares at $0.01 per share.
The two notes have aggregate principal of up to $1,700,000, aggregate purchase price of up to $1,550,000, and one-time interest of up to $204,000 at 12%. Each note is funded in three tranches; the first tranche of each was purchased on September 23, 2026. VCI Global also issued 18,000 commitment shares to each noteholder and warrants for 850,000 ordinary shares in aggregate at $2.00 per share.
The notes are secured by first-priority interests in VCI Global’s assets, subject to exceptions. September 28 amendments set $0.328 minimum conversion and warrant exercise prices and require cash true-ups within three Trading Days when the floor limits issuable shares. If unpaid, note principal increases by 110% of note-conversion true-ups or 50% of warrant-exercise true-ups.
VCI Global Ltd. (VCIG) registered up to 111,573,730 ordinary shares for resale by Hudson Global Ventures, LLC, Dune Equity Holdings LLC and FirstFire Global Opportunities Fund LLC. The company is not selling shares and receives no proceeds from those resales. The selling shareholders may resell at prevailing market prices or privately negotiated prices after effectiveness.
Separately, VCI Global may, at its discretion and subject to the EPA’s conditions, direct Hudson to purchase up to $125 million of shares over a 36-month period. Dune and FirstFire each received a secured convertible note with up to $850,000 principal; later tranches depend on specified no-default, listing, compliance and registration conditions. Note conversions and warrant exercises are subject to a 4.99% beneficial ownership limitation.
The prospectus lists 2,077,473 ordinary shares outstanding as of September 29, 2026, and projects 113,651,203 shares outstanding after the offering, assuming all registered shares are issued. VCI Global says the issuance and resales may cause substantial dilution and may cause its share price to decline.
VCI Global Ltd (VCIG) filed a prospectus supplement that amends its March 6, 2026 prospectus supplement to significantly narrow the securities covered. The earlier document related to an institutional offering of ordinary shares, pre-funded warrants, and two series of common warrants under a securities purchase agreement with a single investor.
The new supplement limits coverage to 81,500 Ordinary Shares, including shares issued upon exercise of pre-funded warrants. All of these ordinary shares have already been sold and issued as of the date of this supplement, so the document mainly aligns the registration disclosure with the actual issuance.
The share counts in the supplement reflect a 1-for-60 reverse stock split effective February 27, 2026 and a 1-for-15 reverse stock split effective August 24, 2026. VCIG’s ordinary shares trade on Nasdaq under the symbol VCIG; on August 21, 2026, the last reported sale price was $0.2129 per share. The company states it qualifies as an “emerging growth company” and a foreign private issuer, which allows reduced U.S. reporting requirements.
VCI Global Ltd (VCIG) filed a prospectus supplement reducing the securities covered under its January 2026 prospectus supplement to 63,986 Ordinary Shares. These consist of 9,526 Ordinary Shares issued (including upon exercise of Pre-Funded Warrants) and 54,460 Ordinary Shares issued upon exercise of Common A Warrants.
All Ordinary Shares covered have been sold and issued. The share numbers reflect a 1-for-60 reverse stock split on February 27, 2026 and a 1-for-15 reverse stock split on August 24, 2026. VCIG’s Ordinary Shares trade on Nasdaq under “VCIG,” with a last reported sale price of $0.2129 on August 21, 2026. The company highlights significant risk factors and its status as an emerging growth company and foreign private issuer.
VCI Global Ltd (VCIG) filed a prospectus supplement adjusting its previously registered equity line transaction with Alumni Capital LP. The supplement now reflects a total of up to 19,203 ordinary shares, consisting of Purchase Shares issued under a Purchase Agreement and Warrant Shares issuable under a three-year Commitment Warrant.
The amendment decreases the maximum Purchase Shares to 2,485 ordinary shares and the maximum Warrant Shares to 16,718 ordinary shares, with share counts adjusted for a 1-for-60 reverse stock split on February 27, 2026 and a 1-for-15 reverse stock split on August 24, 2026. VCI Global states it has already issued and sold all Offered Shares and received $26,980,364.28 in proceeds under the Purchase Agreement. Alumni Capital is treated as an underwriter under the Securities Act. VCIG’s ordinary shares trade on the Nasdaq Capital Market under the symbol VCIG, with a last reported price of $0.2129 per share on August 21, 2026.
VCI Global Ltd (VCIG) filed a prospectus supplement amending an earlier convertible note prospectus supplement to change the number of ordinary shares issuable to Alumni Capital LP under an August 13, 2025 Securities Purchase Agreement. The registered amount is now 19,990 ordinary shares, reduced from 55,556 ordinary shares, issuable upon conversion of convertible notes and exercise of warrants issued under that agreement.
The share figures reflect a 1-for-60 reverse stock split effective February 27, 2026 and a 1-for-15 reverse stock split effective August 24, 2026. The company states that all shares covered by this supplement have been sold and issued. VCIG’s ordinary shares trade on Nasdaq under the symbol VCIG, and the last reported sale price on August 21, 2026 was $0.2129 per share. VCI Global is classified as an emerging growth company and uses certain reduced reporting requirements.
VCI Global Limited (VCIG) has executed a Business Separation Agreement with its wholly owned British Virgin Islands subsidiary V Gallant Limited to separate VCI Global’s technology-related consulting and product businesses in AI, cybersecurity, robotics, cloud storage, and hardware/software technology into a distinct spin-off subsidiary that intends to apply for a Nasdaq listing.
During a one-year Transition Period after closing, VCI Global will provide V Gallant with HR, finance, and legal transition services at shared-service costs referencing historic cost allocations, including MYR-based monthly fees. The parties agreed to mutual non-competition and non-solicitation covenants for five years from closing. The agreement is governed by New York law, with exclusive jurisdiction in New York courts, and is incorporated by reference into VCI Global’s existing Form F-3 registration statements.
VCI Global Ltd (VCIG) approved a 1-for-15 reverse stock split of its ordinary shares, effective at 12:01 a.m. Eastern Time on August 24, 2026. The action is intended to maintain compliance with Nasdaq’s minimum bid price requirement and to help position the company for a potential landmark institutional transaction.
The reverse split will reduce the number of ordinary shares issued and outstanding from approximately 18,997,434 to approximately 1,266,496. No fractional shares will be issued; any fractional amounts will be rounded up to the next whole share at the participant level. Shareholders do not need to take any action. Vstock Transfer, LLC, as transfer agent, will handle the exchange, with brokerage and book-entry accounts automatically adjusted. VCIG will continue trading under the symbol “VCIG” with a new CUSIP G98218129.
VCI Global Ltd (VCIG) received an amended Schedule 13G from Esousa Group Holdings LLC and Michael Wachs reporting their beneficial ownership in the company’s ordinary shares. They report beneficial ownership of 821,469 ordinary shares, representing 9.9% of the class, based on 7,542,584 ordinary shares outstanding as of June 1, 2026.
The reporting persons also hold warrants for additional shares that are not currently counted: 3,667,482 ordinary shares issuable upon exercise of Common A Warrants and 1,222,494 ordinary shares issuable upon exercise of Common B Warrants. A Beneficial Ownership Limitation in these warrants prevents them from being exercised to the extent it would increase their beneficial ownership above 9.9%, so the warrants could not be exercised as of the relevant date.
VCI Global Limited reports that independent director Ms. Zoe Yong Goon Wey has resigned from its board, effective August 1, 2026. The board received her resignation letter on July 30, 2026. The company states that her decision is due to personal reasons and not the result of any dispute or disagreement with the company or the board.
This report, filed as a foreign private issuer update, is incorporated by reference into VCI Global’s existing Registration Statements on Form F-3, File Nos. 333-282353 and 333-279521, making the disclosed board change part of those registration statements from the submission date.