Diginex Limited (NasdaqCM:EQOS) announced that it has entered into definitive agreement with certain institutional investor for private placement of 2,571,669 shares at a price of $15 per share for gross proceeds of $38,575,035 on January 11, 2021. The company will also issue warrants to purchase up to an aggregate of 2,571,669 ordinary shares in the transaction. The warrants are exercisable immediately with a term of three years and at an exercise price of $18.75 per share. The company will issue shares pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder. The transaction is expected to close on or about January 13, 2021.