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VCI Global Announces US$5 Million Institutional Registered Direct Offering

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KUALA LUMPUR, Malaysia, Jan. 20, 2026 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Gl...

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AI Summary

VCI Global Limited has entered a definitive agreement to issue shares and warrants, potentially raising $5 million. The funding aims to support working capital and corporate initiatives, which may enhance its operational capacity in the tech sector.

Sentiment Rationale

The capital raised is expected to improve liquidity and empower growth initiatives. Increased capital from offerings has historically led to improved stock performance post-announcement.

Trading Thesis

Investors should consider accumulating VCIG shares in anticipation of improved liquidity and growth potential.

Market-Moving

  • The $5 million offering could bolster VCIG's operational cash flow immediately.
  • Successful completion of the offering may positively affect investor sentiment.
  • Increased working capital could enhance VCIG's growth initiatives post-funding.
  • Market reaction may be directly influenced by the offering's demand and completion.

Key Facts

  • VCI Global announces sale of shares and warrants for $5 million.
  • Initial tranche completion expected on January 20, 2026.
  • Proceeds will fund working capital and general corporate purposes.
  • The offering is in compliance with effective SEC registration statement.
  • E.F. Hutton & Co. is the exclusive placement agent for the offering.

Companies Mentioned

  • E.F. Hutton & Co. (N/A): Placement agent may enhance VCIG's credibility with investors.
  • Esousa Group Holdings, LLC (N/A): Partnership could lead to future collaboration opportunities for VCIG.

Corporate Developments

This announcement falls under 'Corporate Developments' as it pertains to capital raising efforts that can significantly influence VCIG's business operations and future growth potential in technology and infrastructure sectors.

VCI Global Limited Announces $5 Million Registered Direct Offering

KUALA LUMPUR, Malaysia, January 20, 2026 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) has revealed a significant financial move with the announcement of a $5 million institutional registered direct offering. This initiative forms part of a definitive agreement with Esousa Group Holdings, LLC, a family office based in New York, aimed at the issuance and sale of ordinary shares and warrants.

Details of the Offering

The offering is structured in multiple tranches, with the first tranche expected to generate aggregate gross proceeds of $5 million, prior to the deduction of placement agent fees and other expenses associated with the offering. The initial closing is anticipated to take place around January 20, 2026, contingent upon meeting customary closing conditions.

E.F. Hutton & Co. is acting as the exclusive placement agent for this transaction.

Use of Proceeds

The net proceeds from this registered direct offering will primarily be allocated for working capital and general corporate purposes. Such funding is vital for VCI Global as it continues to enhance its technological and capital market solutions.

Registration and Compliance

The securities are being offered under a shelf registration statement on Form F-3 (File No. 333-279521), which was initially filed with the Securities and Exchange Commission (SEC) on May 17, 2024, and became effective on May 28, 2024. Access to the offering documents will be provided via a base prospectus and a final prospectus supplement, which will be available on the SEC’s website at www.sec.gov.

Investors can also obtain electronic copies of the final prospectus supplement by contacting E.F. Hutton & Co.

Cautionary Note on Forward-Looking Statements

This announcement contains forward-looking statements related to VCI Global’s future operations and financial performance. Such statements entail inherent risks and uncertainties, and future outcomes may differ materially from current expectations. Factors influencing these projections include the company’s market acceptance of its products, economic conditions, and competitive pressures.

About VCI Global Limited

VCI Global Limited is recognized as a cross-sector platform builder specializing in technology and financial architecture. The company focuses on advancing platforms spanning artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions. By merging technological innovation with financial ecosystems, VCI Global empowers enterprises, governments, and institutions to navigate the evolving digital landscape.

For more information, please visit v-capital.co.

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