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GlobeNewsWire
28 days ago
VCI Global Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
KUALA LUMPUR, Malaysia, Oct. 31, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”) a leading provider of business and technology consulting services, today announced that it has entered into a definitive agreement with a single fundamental institutional investor for the issuance and sale of an aggregate of 2,777,778 of its ordinary shares (or ordinary share equivalents in lieu thereof) at an offering price of $1.80 per ordinary share (or per ordinary share equivalent in lieu thereof), in a registered direct offering priced at-the-market under Nasdaq rules. The closing of the offering is expected to occur on or about October 31, 2025, subject to the satisfaction of customary closing conditions.