VCI Global terminates at-the-market offering program

VCI Global announced the termination of its At-The-Market equity offering program with H.C. Wainwright & Co. as sales agent. The ATM program, which was initiated to offer shares totaling approximately $4.96 million from time to time, was formally terminated on September 25, 2024. As of the termination date, the ATM program has generated total gross proceeds of approximately $1.77 million. The Company views this as an opportunity to explore more favorable financing options that better align with its long-term growth objectives.