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DigiAsia ( (FAAS) ) just unveiled an update.
On April 15, 2025, DigiAsia Corp. entered into a Third Forbearance Agreement with Helena Special Opportunities LLC and Scieniti LLC. This agreement involves the issuance of 10,000,000 ordinary shares to the investors in exchange for a temporary forbearance on exercising rights and remedies under previous agreements due to ongoing defaults. This move is crucial for DigiAsia as it seeks to stabilize its financial position and maintain investor relations amidst existing financial challenges.
More about DigiAsia
DigiAsia Corp. operates in the financial services industry, focusing on digital payment solutions and fintech services. The company is based in Singapore and engages in strategic partnerships to enhance its market presence.
YTD Price Performance: -76.52%
Average Trading Volume: 426,645
Technical Sentiment Signal: Buy
Current Market Cap: $13.52M
Learn more about FAAS stock on TipRanks’ Stock Analysis page.
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