Diginex has announced a significant four-year distribution partnership with Resulticks Global, projected to generate $40 million in revenue. Concurrently, the companies are engaged in advanced discussions regarding a potential merger, a move that could reshape the competitive landscape within the ESG technology sector.
Financial Restructuring and Liquidity Boost
Alongside the commercial agreement, the companies have restructured an existing $8 million financing arrangement. Resulticks will repay this amount in four equal installments of $2 million, with the final payment due by the end of September. This restructuring provides Diginex with immediate liquidity and reduces its outstanding debt burden.
Partnership Focuses on Global ESG Platform Distribution
The core of the new alliance centers on Resulticks taking over the global sales and distribution of Diginex’s ESG and sustainability platforms. Resulticks is a provider of AI-driven customer engagement solutions. The partnership will target corporate clients across several key industries, including retail, consumer goods, technology, and financial services.
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Geographic expansion will concentrate on the United States, Southeast Asia, the Middle East, and India. Initial joint marketing and customer onboarding programs are already underway.
Merger Talks Advance with Key Condition
While the distribution deal is finalized, negotiations for a full business combination are progressing. The specific terms for such a transaction have already been established. However, the completion of any merger is explicitly not guaranteed and remains contingent upon securing non-dilutive medium-term debt financing.
Should the merger proceed, it is expected to substantially strengthen the combined entity’s position in the ESG technology market. In the interim, Diginex stands to benefit from an expanded sales network through Resulticks and the improved financial position resulting from the debt repayment schedule.
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