Diginex’s $1.5 Billion All-Stock Bet on AI Fails to Lift Shares Above $1 After Reverse Split

Diginex stock opens at $0.45 after 1-for-8 reverse split, far below Nasdaq's $1 minimum. A $1.5B all-stock AI acquisition and corporate overhaul add pressure.

The math was supposed to be simple: shrink the share count, boost the price, and keep the Nasdaq listing alive. But for Diginex, the arithmetic has not worked out as planned.

The RegTech company executed a 1-for-8 reverse stock split on Tuesday, consolidating every eight existing shares into one. The move reduced the public float to just under 30 million shares. The goal was to push the stock price above the $1 minimum required for continued listing on the Nasdaq. Instead, the shares opened at $0.45 — less than half the threshold — with roughly 3.07 million shares changing hands amid heavy selling pressure.

The Nasdaq requires the stock to close at or above $1 for ten consecutive trading sessions. Diginex has until September 21, 2026, to meet that condition. Tuesday’s performance suggests the company has a steep climb ahead.

A $1.5 Billion Acquisition Adds to the Pressure

The reverse split is only one piece of a much larger transformation underway at Diginex. The company has signed a definitive agreement to acquire Resulticks, an artificial intelligence specialist, in an all-stock transaction valued at $1.5 billion. The deal is expected to close within the next six weeks.

Resulticks brings meaningful revenue to the table. The AI firm generated approximately $150 million in sales last year with an operating margin of 32%. Management has laid out ambitious growth targets for the acquired business, forecasting revenue of $190 million to $210 million in 2026 and $250 million to $280 million in 2027.

The acquisition will be funded entirely through new equity. An extraordinary general meeting in mid-April already authorized an increase in authorized shares to 500 million. For existing shareholders, the dilution is severe — and the market response on Tuesday reflected that reality. The company’s market capitalization now stands at roughly $90.5 million, a far cry from its 52-week high of $39.85 per share.

A Broader Corporate Overhaul

Beyond the acquisition, CEO Lubomila Jordanova is restructuring the entire organization. Following a comprehensive review, four previously separate operating units — including brands such as Plan A and The Remedy Project — are being integrated under a single corporate structure. A full rebranding effort is underway to support the reorganization.

The strategic logic behind the moves is clear. Diginex plans to combine its verified ESG data with Resulticks’ real-time AI capabilities, creating a system for continuous compliance monitoring. The goal is to shift clients away from static reporting toward active, operational control of their compliance obligations.

Whether that vision will be enough to restore investor confidence remains an open question. The company has roughly five months to convince the market — and the Nasdaq — that its two-pronged bet on a reverse split and a $1.5 billion AI acquisition can deliver the turnaround it desperately needs.