Diginex’s High-Stakes Bet: A Reverse Split and a $1.5 Billion AI Pivot

Blockchain firm Diginex executes 8-for-1 reverse split to meet Nasdaq's $1.00 minimum, while pursuing a $1.5 billion all-stock takeover of profitable AI platform Resulticks.

A struggling blockchain firm is rolling the dice on a massive artificial intelligence acquisition, but first it must survive the week on the Nasdaq. Diginex, the Hong Kong-based company that once rode the crypto wave, is now executing a drastic reverse stock split to meet the exchange’s minimum price requirement, while simultaneously laying the groundwork for a $1.5 billion all-stock takeover of Resulticks, a highly profitable AI platform.

The reverse split takes effect on April 28, 2026, consolidating every eight existing shares into one. The move is a direct response to a compliance crisis: on April 23, Diginex’s stock closed at $0.49, well below the $1.00 minimum bid price mandated by Nasdaq Listing Rule 5550(a)(2). Without intervention, the company risked being booted from the exchange entirely.

The arithmetic is straightforward. With approximately 232.8 million shares outstanding before the split, the consolidation will slash that figure to roughly 29.1 million. The theoretical share price will jump to nearly $4.00, giving Diginex breathing room to meet the ten consecutive trading days above $1.00 that Nasdaq requires for continued listing. The ticker symbol remains unchanged, though a new CUSIP number will be assigned, and any fractional shares resulting from the consolidation will be rounded up to the nearest whole share.

Shareholders had already approved the measure at an extraordinary general meeting on April 13, along with an increase in authorized share capital to $200,000. That capital authorization is no mere housekeeping item — it is the structural foundation for the company’s far more ambitious plan.

Diginex is pursuing the acquisition of Resulticks, an AI-driven data platform, in a pure stock-for-stock transaction valued at $1.5 billion. The implied price per Diginex share in the deal is $1.32. For an all-share acquisition of this scale, the company needs the capacity to issue new shares, and the expanded authorized capital provides exactly that flexibility. A stock price languishing below the Nasdaq threshold would have jeopardized the entire transaction.

The terms of the deal impose strict financial discipline. Under the acquisition agreements, Diginex must channel 85% of all new capital directly into the Resulticks subsidiary, with a contractual cap of $200 million on these inflows. The message from management is clear: everything is subordinated to fueling the growth of the new AI business.

Resulticks is no speculative startup. The platform is already generating an operating margin above 30% and is described as highly profitable. That earnings power is expected to underpin the aggressive revenue targets Diginex has set for the coming years.

The next few weeks will be decisive on two fronts. First, Diginex must keep its stock above $1.00 for ten consecutive trading days to secure its Nasdaq listing. Second, the formal closing of the Resulticks acquisition is expected within the next 45 days. The reverse split clears the regulatory hurdle, but the real test lies in whether the market will reward a company that is effectively betting its future on a single, transformative deal.