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An update from DigiAsia ( (FAAS) ) is now available.
DigiAsia Corp. has entered into a Side Letter to the Third Forbearance Agreement with Helena Special Opportunities LLC and Scieniti LLC on May 5, 2025. This agreement amends the terms of a previous agreement where DigiAsia was to issue 5,000,000 ordinary shares to each investor by April 15, 2025. However, only 4,609,362 shares were delivered, leading to a pro rata adjustment in the repayment terms of the promissory notes, with 2,000,000 shares allocated for note paydown and the remaining shares retained by the investors without obligation to apply proceeds to the note paydown. Additionally, interest of $88,503.27 accrued under the notes was satisfied.
More about DigiAsia
Average Trading Volume: 521,666
Technical Sentiment Signal: Sell
Current Market Cap: $11.92M
Find detailed analytics on FAAS stock on TipRanks’ Stock Analysis page.