SINGAPORE, September 30, 2021 / PRNewswire / – Diginex Limited (Nasdaq: EQOS), a digital asset financial services company, today announced that its shareholders have voted to change its name to EQONEX Limited (“the Company”) . The Company’s Nasdaq ticker, EQOS, will remain.
The name change was approved by shareholders at the Company’s first annual general meeting (AGM). This decision represents the last step in the unification of the Company’s activities under the EQONEX brand, following a rebranding initiated in June 2021.
The EQONEX brand emphasizes the crypto ecosystem of companies that represent the EQONEX group, which includes: EQONEX, a crypto and derivatives exchange, Digivault, a UK registered crypto custodian FCA, Bletchley Park, an asset manager, EQONEX Investment Products, a future investment products company, EQONEX Lending, a crypto borrowing and lending platform, Access Trading, a cross-platform trading platform, and EQONEX Capital, which offers crypto securitization services.
The rebranding to EQONEX follows the sale of Diginex Solutions, the blockchain ESG solutions company, in May 2020.
Richard byworth, CEO of EQONEX Group, said: “The change of corporate name represents the last step in our efforts to align all of our activities under the EQONEX brand. We are delighted that a majority of our shareholders have voted in favor of this change and supporting us as we move towards becoming a leader in digital asset financial services. “
In addition to the vote in favor of the change of company name, all of the resolutions submitted to the vote of the shareholders were adopted, including:
- The Directors’ Declaration and the Statutory Audited Consolidated Financial Statements of Singapore for the Company’s Ended Financial Year March 31, 2021
- UHY Lee Seng Chan & Co. reappointed as Company auditor
- Power of the Board of Directors of the Company to allot and issue ordinary shares of the Company
- Power of the Board of Directors of the Company to offer and grant share-based compensation awards
- Reduction of the notice period for Board meetings from 14 to 3 calendar days
Chi-won yoon, Chairman of EQONEX Group, said: “There have been a lot of positive developments since our listing on Nasdaq a year ago. The unique value proposition of our EQONEX ecosystem is gradually coming together to provide a complete one-stop-shop for investors in this asset class. Fiscal 2022 is shaping up to be another exciting year and we look forward to delivering more value to our shareholders. “
EQONEX is a digital asset financial services company focused on equity, governance and innovation. The group includes the EQONEX cryptocurrency exchange as well as an over-the-counter trading platform. It also offers an integrated front-to-back trading platform, Access Trading, securitization advisory service EQONEX Capital, Digivault, the leading hot and cold market custodian, and asset manager Bletchley Park.
For more information visit: https: //.group.eqonex.com.
This press release is provided by Diginex Limited (“Eqonex”) for informational purposes only, is a summary only of certain key facts and plans of Eqonex, and includes forward-looking statements that involve risks and uncertainties. Without limitation, the press release does not constitute an offer or a solicitation in connection with any securities or other regulated products or services or to make use of any service provided by Eqonex, and neither this press release nor any of its elements will not form the basis of any contract or commitment whatsoever. This press release has not been reviewed by any regulatory authority in any jurisdiction. Forward-looking statements are statements that are not historical facts and are subject to risks and uncertainties, which could cause actual results to differ materially from forward-looking statements. Most of these factors are beyond Eqonex’s control and are difficult to predict. Factors that could cause such differences include, but are not limited to: Eqonex’s limited operating history and history of net losses; Eqonex’s ability to execute its business plan; the rate and degree of market acceptance of Eqonex’s products; failure to obtain the required licenses and regulatory ratings or to partner with entities in certain jurisdictions to meet regulatory requirements; changes in laws or regulations; litigation and regulatory risks; Eqonex’s inability to successfully identify, hire and retain qualified individuals; competetion; Eqonex’s inability to successfully develop technology to serve its lines of business and keep pace with rapidly changing technology and customer or regulatory requirements; the risks of cyber incidents; dependence on suppliers and third party service providers; the inability to protect or preserve one’s property rights and the risk of infringing the intellectual property rights of others; potential conflict of interest resulting from the management of different business sectors; the risks of employee misconduct and manipulation of distributed ledger networks and smart contract technology by malicious actors; the risk that Eqonex will lose access to its private keys or the loss of data relating to its investments in digital assets; Eqonex’s ability to grow and manage its growth profitably; general economic and market conditions affecting demand for Eqonex products and services, other industry-specific risks and other risks and uncertainties included in Form 20-F of Eqonex filed with the United States Securities and Exchange Commission (the “SEC”) on June 30, 2021, including those mentioned under “Risk Factors” and in documents subsequently filed by Eqonex with the SEC, which are available on the SEC’s website at www.sec.gov.
In addition, all forward-looking statements contained in this press release are based on assumptions that Eqonex believes to be reasonable as of this date. Eqonex makes no commitment to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unforeseen events, except as required by law.
Copyright (c) Diginex Limited 2021.