Diginex Shrinks Its Float to 29 Million Shares as Nasdaq Clock Ticks on $1.5 Billion AI Deal

Diginex executes 8-for-1 reverse stock split to address Nasdaq compliance, while pursuing a $1.5 billion all-stock acquisition of AI firm Resulticks.

Diginex shareholders woke up this morning to a radically different portfolio snapshot. The blockchain and ESG technology firm has consolidated its stock on an 8-for-1 basis, collapsing roughly 232.8 million outstanding shares into just under 29.1 million. The move, effective at the opening bell on the Nasdaq Capital Market, is a direct response to a compliance notice the exchange issued in late March.

The ticker "DGNX" remains unchanged, but the CUSIP has shifted to G28687112. Brokerages are handling the adjustment automatically, so holders need take no action — fractional shares will be rounded as standard practice dictates.

A March Warning That Couldn't Be Ignored

The Nasdaq's letter, dated March 23, 2026, flagged that Diginex's closing price had traded below the $1.00 minimum bid threshold for 30 consecutive sessions — a violation of Listing Rule 5550(a)(2). The exchange gave the company until September 21, 2026 to regain compliance.

The reverse split is the mechanical fix: by reducing the share count, the stock price rises proportionally. But the Nasdaq requires more than a single day's close above $1.00. Diginex must maintain that level for at least ten consecutive trading sessions before the exchange will issue a written compliance confirmation. If the stock falters again before the September deadline, the company could face delisting proceedings.

Shareholders approved the consolidation at an extraordinary general meeting on April 13, with roughly 99.7% of votes cast in favor — representing nearly 44% of eligible shares. The post-split par value per share is set at $0.0004.

A $1.5 Billion All-Stock Bet on AI

The capital restructuring isn't happening in a vacuum. Diginex is simultaneously pursuing the acquisition of Resulticks, an artificial intelligence specialist, in a transaction valued at $1.5 billion. The deal is expected to close within 30 to 45 days, subject to customary conditions.

To accommodate that transaction and other potential moves, the company has expanded its authorized capital to $495 million in common shares and $5 million in preferred shares. Diginex has described the enlarged framework as providing flexibility for general corporate purposes and future acquisitions.

Internal Overhaul Alongside the Deal

The Resulticks acquisition is just one piece of a broader transformation. Diginex is merging four operating units — including Plan A.Earth, Matter DK, and The Remedy Project — into a single integrated technology platform. In early April, the company appointed a new Chief Operating Officer and a Chief Administrative Officer to oversee that integration.

Management has indicated it will release further details on the unified business strategy during the second quarter. For now, the clock is running on two fronts: closing the AI deal and proving to the Nasdaq that the stock can sustain a $1.00-plus price. The reverse split buys time, but the market's verdict on the Resulticks acquisition and the platform restructuring will ultimately determine whether that time is well spent.