IPO - VCI Global Ltd

Form Type: 424B5

Filing Date: 2025-01-13

Corporate Action: Ipo

Type: New

Accession Number: 000121390025003021

Filing Summary: VCI Global Ltd is offering 1,149,425 ordinary shares at a negotiated price of $1.305 per share, totaling approximately $1,500,000 in proceeds before expenses. This offering is being made directly to accredited investors without the involvement of a placement agent or underwriter. No placement agent fees or underwriting discounts will be paid. The company is listed on Nasdaq under the symbol 'VCIG', with a last reported sale price of $1.74 on January 10, 2025. Delivery of the shares is expected on January 13, 2025. The company has undergone a reverse stock split and has structured services that include business strategy consultancy, investor relations, and technology consultancy.

Document Link: View Document

Form Type: 424B5

Filing Date: 2025-01-08

Corporate Action: Ipo

Type: New

Accession Number: 000121390025002004

Filing Summary: VCI Global Ltd is offering 1,500,000 ordinary shares at a price of $2.00 per share, as per a securities purchase agreement dated January 8, 2025, with three accredited investors. This offering is made directly to investors without placement agents or underwriters, aiming to raise approximately $3,000,000 before expenses. The ordinary shares are listed on Nasdaq under the symbol 'VCIG'. The price reflects a recent share price of $1.75 as of January 7, 2024. The prospectus supplement advises potential investors of the high risks associated with investing in these securities and underscores that delivery of shares is expected on the offer date.

Document Link: View Document