# Diginex Shareholders Approve Resulticks Acquisition and 10-for-1 Share Consolidation

- URL: https://stocks.freetheai.org/news/diginex-shareholders-approve-resulticks-acquisition-and-10-for-1-share-229478
- Published: 2026-10-13T12:00:00Z
- Category: mergers; sentiment: mixed; impact: high
- Symbols: [NASDAQ:DGNX](https://stocks.freetheai.org/symbols/NASDAQ-DGNX)
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Shareholders of Diginex Ltd. (DGNX) voted to approve the acquisition of Resulticks, clearing a major milestone toward combining the two businesses. Along with the transaction, investors approved issuing 600 million new pre-consolidation shares to pay for the all-stock deal, a corporate change of control, and a 10-for-1 share consolidation.

The approval paves the way for significant changes to the company structure. Paying for the acquisition entirely in stock involves substantial equity dilution. Following the close, designees from Resulticks will take control of the board of directors, and a co-founder of Resulticks will become chief executive officer. Resulticks has set a full-year 2025 revenue target of 150 million dollars. Diginex shares fell 4.72 percent to 1.21 dollars following the announcement.

Completion of the deal remains contingent on obtaining initial listing approval from Nasdaq alongside other closing conditions. Market participants will be watching for Nasdaq approval and the execution of the 10-for-1 share consolidation at closing.

## Key points

- Diginex shareholders approved the acquisition of Resulticks in an all-stock deal involving 600 million new pre-consolidation shares.
- Investors also passed a 10-for-1 share consolidation and a change of control that places Resulticks designees on the board.
- Resulticks has established a target revenue of 150 million dollars for fiscal year 2025.
- Final deal completion remains subject to initial listing approval from Nasdaq and other closing conditions.

## Questions and answers

### What did Diginex shareholders approve regarding Resulticks?

Shareholders approved the acquisition of Resulticks, issuing 600 million new shares, a 10-for-1 share consolidation, and a change of corporate control.

### What conditions remain before the Diginex and Resulticks transaction closes?

The transaction remains contingent on initial listing approval from Nasdaq as well as other customary closing conditions.

### Who will lead Diginex after the acquisition closes?

A co-founder of Resulticks will serve as chief executive officer, and Resulticks designees will assume control of the board.