DigiAsia Corp. Announces Voluntary Nasdaq Delisting as Board Reviews $400 Million Offer from PayMate
Reuters
Sep 15
DigiAsia Corp. Announces Voluntary Nasdaq Delisting as Board Reviews $400 Million Offer from PayMate
DigiAsia Corp. has announced its decision to voluntarily delist its common stock and warrants from the Nasdaq Capital Market as a strategic response to unlock shareholder value. The company plans to file the necessary paperwork on or about September 22, 2025, and expects the delisting to take effect no earlier than ten days after this filing. Consequently, the last trading day on Nasdaq is anticipated to be around October 2, 2025. This decision comes after the company received a firm offer from the Indian fintech company PayMate, valuing DigiAsia at $400 million. The delisting aligns with the company's move to go private, which the board believes is necessary to protect shareholder interests.
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