Diginex Gambles on a Reverse Split and a $1.5 Billion AI Bet to Reshape Its Future

Diginex executes 8-for-1 reverse split to meet Nasdaq's $1 bid rule while pursuing a $1.5B all-stock deal to acquire AI firm Resulticks, aiming for a strategic pivot.

The clock is ticking on two fronts for Diginex. On Tuesday, the company executed an 8-for-1 reverse stock split, slashing its outstanding share count from roughly 232.8 million to just over 29 million, as it races to meet Nasdaq’s minimum bid price requirement. At the same time, management has put a $1.5 billion all-stock acquisition of AI firm Resulticks on the table, a deal that could fundamentally alter the company’s trajectory.

The reverse split took effect at the opening bell, with the par value per share adjusted to $0.0004. Shareholders holding stock through a brokerage saw their positions automatically updated, with fractional shares rounded up or down. The Nasdaq ticker “DGNX” remains unchanged, though the CUSIP number has shifted.

The arithmetic is straightforward: Diginex needs its closing price to hold above $1.00 for at least ten consecutive trading days to receive a written compliance confirmation from the exchange. The Nasdaq notice arrived in March after the stock had traded below that threshold for 30 straight sessions. The company has until September 21, 2026, to demonstrate full compliance, though the reverse split alone offers no guarantee of long-term stability.

The shareholder vote on the consolidation was lopsided, with 99.7% of votes cast in favor at an extraordinary general meeting on April 13, representing nearly 44% of eligible shares.

A $1.5 Billion All-Stock Pivot

While the capital structure is being compressed, Diginex is simultaneously expanding its operational footprint. The binding agreement to acquire Resulticks, a provider of customer intelligence solutions, will be paid entirely in newly issued Diginex shares. The target company generated roughly $150 million in revenue last year with an operating margin above 30%, and management expects further strong growth in the current fiscal year.

The transaction is expected to close within the next 30 to 45 days, subject to customary conditions. To accommodate the deal and future flexibility, Diginex has expanded its authorized capital to 495 million common shares and 5 million preferred shares.

Internal Overhaul

Beyond the headline-grabbing moves, CEO Lubomila Jordanova is streamlining the corporate structure. The company is dismantling its previous holding model, which operated isolated units for sustainability and ESG reporting, in favor of a single integrated operating company. Software solutions for carbon accounting, sustainable finance, and supply chain transparency are being unified onto a common technology platform.

Two new executives—a chief operating officer and a chief administrative officer—were appointed in early April to oversee the integration. The company plans to release further details on its unified business strategy during the second quarter.

If the Resulticks integration proceeds smoothly, Diginex will transform from a niche compliance specialist into a broader data conglomerate. For now, the company is playing two high-stakes games simultaneously: one to keep its Nasdaq listing alive, and another to buy its way into a new market.