Market reaction and headline facts
Diginex Inc (NASDAQ:DGNX) shares rose about 20% in premarket trading Thursday following the announcement of a strategic reseller agreement with Resulticks. The two companies say the arrangement aims for $40 million in cumulative revenue over the next four years.
What the agreement covers
Under the reseller arrangement, Resulticks will actively market and resell Diginex’s ESG and sustainability platforms to its enterprise customers. The target sectors named by the companies include retail, consumer goods, technology, and financial services. The partnership is intended to help accelerate Diginex’s international expansion across the United States, South-East Asia, the Middle East, and India.
Financial restructuring tied to the deal
The companies said they have restructured an existing $8 million funding commitment. Resulticks is now scheduled to make four equal payments of $2 million to Diginex, with the payment schedule to be completed by the end of September 2026.
"This landmark Reseller Agreement with Resulticks marks a pivotal milestone in Diginex’s growth trajectory. The $40 million sales target over four years highlights tremendous market momentum for our integrated ESG solutions and opens substantial new revenue streams with minimal incremental cost," said Miles Pelham, Chairman and Founder of Diginex.
Potential business combination and financing
The companies reported they remain in "active and constructive dialogue" concerning a potential business combination transaction, with final terms now agreed. They are discussing non-dilutive medium-term debt financing options with several providers to close the transaction. Diginex emphasized that there is no assurance the deal will be completed.
Implications for investors and affected sectors
The reseller arrangement links Diginex’s sustainability technology to Resulticks’ enterprise customer base across multiple verticals, potentially creating new revenue streams with limited incremental cost. The sectors directly mentioned by the companies are retail, consumer goods, technology, and financial services, and the geographic emphasis includes the United States, South-East Asia, the Middle East, and India.
Closing note
Investors responded positively in premarket trading to the commercial milestone and the payment restructuring. The firms continue to pursue a potential combination and financing to support the planned transaction, while cautioning that the outcome is not certain.
Key points
- Diginex and Resulticks set a $40 million cumulative sales target over four years via a reseller agreement.
- Resulticks will resell Diginex’s ESG and sustainability platforms to enterprise clients in retail, consumer goods, technology, and financial services.
- An existing $8 million funding arrangement was restructured into four $2 million payments due by end of September 2026.
Risks and uncertainties
- The companies are in discussions about a potential business combination, but Diginex cautioned there is no assurance the transaction will be completed - this affects investors considering the corporate tie-up.
- Financing for the potential business combination is not finalized; the parties are exploring non-dilutive medium-term debt options, and there is uncertainty whether suitable financing will be secured.