VCI Global Limited (NASDAQ: VCIG), a cross-sector platform builder focused on technology, digital infrastructure, and capital market solutions, announced the successful completion of the initial tranche of its registered direct offering, raising $5.0 million in gross proceeds, before placement agent fees and other offering expenses.
The offering consisted of the issuance and sale of ordinary shares and warrants pursuant to a definitive agreement with Esousa Group Holdings, LLC, a New York-based family office. The initial closing of the offering occurred on or about January 20, 2026, subject to customary closing conditions. The offering is structured in multiple tranches.
Net proceeds from the offering are expected to be used for working capital and general corporate purposes.
Lucosky Brookman LLP served as legal counsel to EF Hutton in connection with the registered direct offering. E.F. Hutton & Co. acted as the exclusive placement agent.
