According to reports in foreign media, Hong Kong digital cryptocurrency and blockchain service company Diginex will be listed in the US with a share exchange agreement with 8i Enterprises Acquisition, a special purpose acquisition company.
On the completion of the transaction, Diginex will be listed on Nasdaq; meanwhile, Diginex's anticipated initial enterprise value will be approximately USD276 million, including debts.
With the agreement, Diginex's shareholders will receive 20 million ordinary shares of 8i Enterprises Acquisition, valued at USD10 per share.
Headquartered in Hong Kong with a presence in Tokyo, London, Boston, Dubai, Lausanne and Berlin, Diginex is a cross-border encrypted asset investment company. The company reportedly has mining businesses in Asia, Switzerland and Sweden.