Diginex Founder Goes All In: $25.4 Million Bet Coincides With Stock Surge and $1.5 Billion Deal Countdown

Diginex shares jump to $1.165 after founder Miles Pelham injects $25.4M. The embattled firm races to close a $1.5B all-stock acquisition of Resulticks by May 2026 while facing a Nasdaq compliance deadline.

Diginex shares rocketed 19% to $1.165 on Thursday, giving the embattled sustainability-technology company a much-needed breathing room. The rally comes as Executive Chairman and founder Miles Pelham continues to back his own vision with personal capital — he has pumped $25.4 million into the stock since the Nasdaq listing, buying at an average price of $5.65 per share. That is a striking vote of confidence for a company with a current market cap of just $34.9 million.

The price surge is inextricably linked to the clock ticking on a transformative all-stock acquisition. Diginex has agreed to buy software firm Resulticks in a transaction valued at $1.5 billion, with the consideration to be paid in Diginex shares at a reference price of $1.32 per share before an 8-for-1 reverse stock split (adjusted to $10.56 after the consolidation). Both sides have extended the long-stop date to May 29, 2026, but management stresses that completion is not guaranteed — a caveat that keeps the market on edge.

That same sub-$1.32 reference price highlights the gulf between the deal terms and current market reality. Diginex’s stock had been trading below the critical $1 threshold for 30 consecutive days, triggering a Nasdaq deficiency notice in March 2026. The exchange granted the company 180 calendar days — until September 21, 2026 — to regain compliance. Thursday’s jump above $1 offers a temporary reprieve, but the Nasdaq window remains a hard deadline that looms even larger if the Resulticks deal falters.

Resulticks brings serious financial heft to the table. For fiscal year 2025, it generated roughly $150 million in revenue and $46 million in EBITDA, with management guiding for $190 million to $210 million in revenue for 2026. By contrast, Diginex reported only $3.57 million in revenue over the trailing twelve months — though that figure grew 203% year-over-year. The proposed acquisition would vault the combined entity into a completely different league overnight.

The deal is the centerpiece of a broader strategic overhaul. Since listing in January 2025, Diginex has been reshaping itself from a niche sustainability-reporting provider into a global AI, data, and sustainability technology platform. The shopping list includes Matter DK ApS ($13 million, October 2025), The Remedy Project ($7.6 million, January 2026), and the planned $80 million purchase of Plan A (announced February 2026). In total, the company has announced over $100 million in acquisitions since its IPO, plus a strategic reseller agreement targeting up to $40 million in revenue over four years.

To consolidate these disparate pieces, Diginex is merging four operating units into a single ESG platform. Archana Kotecha, founder of The Remedy Project, has been appointed Chief Impact Officer, overseeing human rights and supply chain functions. The company also says it is debt-free, supported by the founder’s capital injections — $11.54 million at $5.13 per share in July 2025 and another $13.84 million at $6.16 per share in October — details disclosed via Form 6-K filings.

The next few weeks will be decisive. If the Resulticks transaction closes by May 29, it would fundamentally alter Diginex’s scale and risk profile, making the Nasdaq compliance issue almost an afterthought. If not, the September 21 deadline for lifting the stock back above $1 will regain center stage. For now, the stock’s 19% leap shows that investors are willing to give the company the benefit of the doubt — but the hard facts of unfulfilled conditions and a tiny operating base remain unresolved.