DigitalX Limited ( (AU:DCC) ) has provided an announcement.
DigitalX Limited announced the results of its non-renounceable pro rata rights issue, which closed on January 24, 2025. The offer resulted in the acceptance of entitlements amounting to 31,651,102 shares, raising $1,487,603.91. The shortfall in entitlements will be addressed according to the company’s disclosures. This rights issue is a strategic move to enhance the company’s capital and strengthen its market position, ensuring continued growth and value creation for its stakeholders.
More about DigitalX Limited
DigitalX Ltd is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. The company, with over six years of experience in digital asset management, is renowned for its strong performance, notably with the DigitalX Bitcoin Fund being rated as the top-performing fund in Australia for 2023. DigitalX caters primarily to domestic individual wholesale investors and family offices, managing Australia’s first ASX-listed spot Bitcoin ETF and an actively managed crypto fund.
YTD Price Performance: -9.38%
Average Trading Volume: 39,824
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $44.28M
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