DigiAsia ( (FAAS) ) just unveiled an announcement.
On February 17, 2025, DigiAsia Corp. entered into an Equity Line of Credit Agreement with Arena Business Solutions Global SPC II, allowing the company to direct the investor to purchase up to $20 million of its ordinary shares. This agreement provides DigiAsia with financial flexibility, potentially enhancing its market position and operational capacity by securing additional capital. The purchase price for shares will be set at 95% of the market price, and the agreement includes customary representations and conditions for future transactions.
More about DigiAsia
DigiAsia Corp. operates in the technology sector, focusing on digital solutions and services. The company is known for its innovative approach in providing digital financial services and solutions, catering primarily to the Asian market.
YTD Price Performance: -50.54%
Average Trading Volume: 567,880
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.11M
See more data about FAAS stock on TipRanks’ Stock Analysis page.