VCI Global signs USD 125 million equity line of credit with Hudson Global Ventures
Bitget2026/09/30 14:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- VCI Global entered a $125 million equity line of credit with Hudson Global Ventures on Sept. 23, 2026.
- Company can sell shares at its discretion for 36 months; each put ranges from $25,000 to $2.5 million, subject to volume limits.
- Pricing set at 95% of recent low-trade price averages; Hudson’s ownership capped at 4.99%.
- Hudson received a five-year warrant for 1,171,875 shares at a $0.01 exercise price.
- Separate financing issued $1.7 million of secured convertible notes to Dune and FirstFire; floor price amended to $0.328 per share.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VCI Global Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-105029), on September 30, 2026, and is solely responsible for the information contained therein.
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