PayMate Acquisition

DigiAsia Corp. (NASDAQ: FAAS) will voluntarily delist from Nasdaq, with the last trading day expected around October 2, 2025, due to the inability to meet the Form 20-F filing deadline. This decision is driven by high listing costs and challenges in raising capital. DigiAsia received a $400 million acquisition offer from PayMate, which includes cash and a share swap. The board is reviewing strategic alternatives and plans to prioritize repaying lenders following any sale. They believe privatization best protects shareholder value.