Diginex's April Vote: A Bid to Secure Its Nasdaq Future

Diginex shareholders vote April 13, 2026 on a reverse stock split to meet Nasdaq's $1 minimum. A potential merger and major restructuring are also underway.

Diginex shareholders face a decisive vote on April 13, 2026, with the company's continued listing on the Nasdaq exchange hanging in the balance. The ballot centers on two critical capital measures: an 8-to-1 reverse stock split and an increase in authorized share capital. This move is a direct response to a formal compliance notice from Nasdaq, issued after Diginex's stock closed below the $1.00 minimum bid requirement for 30 consecutive trading days, breaching Listing Rule 5550(a)(2).

The proposed reverse split is a technical maneuver to lift the share price, effectively reversing a 1-for-8 bonus share split executed just months earlier in September 2025. Shareholder approval would grant Diginex a 180-day grace period, until September 21, 2026, to maintain its share price above the critical threshold. Failure to pass the measures would strip the company of a key tool to stabilize its listing status, potentially triggering a delisting process.

Amid this pressure, Diginex is pursuing a potential merger with Resulticks Global Companies. While fundamental terms are reportedly agreed, securing non-dilutive financing remains the primary obstacle, and the company cautions that a final deal is not guaranteed. The two firms have already deepened their ties. In February 2026, they signed a reseller agreement targeting cumulative revenue of $40 million over four years, opening new markets for Diginex in the US, Southeast Asia, India, and the Middle East. An existing $8 million loan was also restructured, with Resulticks now repaying it in four equal installments of $2 million by the end of September 2026.

Operationally, Diginex presents a mixed financial picture. Revenue surged by 203% over a recent twelve-month period, and the balance sheet shows $13.8 million in cash with no debt. However, the last reported quarterly operating loss stood at $6.0 million. Short-selling pressure has eased somewhat, with short interest falling 21.3% in March to approximately 1.93 million shares.

Concurrently, Diginex has completed a significant internal transformation. Effective April 1, 2026, the company consolidated its four former subsidiaries—Diginex, Plan A, Matter, and The Remedy Project—into a single integrated entity operating on a unified ESG and compliance platform. Management plans to detail the new corporate strategy later in the second quarter of 2026.

The company has also secured a notable new client, European healthcare technology leader Doctolib SAS, in March 2026. The agreement aims to transform Doctolib's carbon management into strategic business value, serving as a potential reference for future customer acquisitions. Leadership was bolstered in early April with the appointments of Jacob Friedman as Chief Operating Officer and Sandra Kovacheva as Chief Administrative Officer. The company's platform already processes hundreds of millions of data points monthly.

The shareholder vote on April 13 is more than a procedural hurdle. It will determine whether Diginex obtains the necessary instruments to preserve its Nasdaq listing, a foundational requirement for its ongoing strategic partnerships, merger ambitions, and integrated operational future.