[424B5] VCI Global Limited Ordinary Share Prospectus Supplement (Debt Securities)
VCI Global amended its prospectus supplement to reduce the maximum value of ordinary shares that may be sold to Alumni Capital from $120,077,348 to $78,927,348 and to reduce the maximum value of Warrant Shares issuable under the Commitment Warrant from $19,250,000 to $13,300,000. The Offered Shares include Purchase Shares issuable under the Purchase Agreement and Warrant Shares issuable under the three-year Commitment Warrant.
The amendment therefore lowers the total registered exposure to Alumni Capital by $47,100,000 in aggregate (a $41,150,000 reduction in Purchase Shares plus a $5,950,000 reduction in Warrant Shares). The document reiterates that Alumni Capital is an underwriter and that registration does not obligate purchase or issuance. The company notes its Nasdaq symbol VCIG and a last reported sale price of $0.8960 per share.
VCI Global ha modificato il supplemento al prospetto riducendo il valore massimo delle azioni ordinarie che possono essere vendute ad Alumni Capital da $120,077,348 a $78,927,348 e riducendo il valore massimo delle Warrant Shares emettibili ai sensi della Commitment Warrant da $19,250,000 a $13,300,000. Le Azioni Offerte includono le Purchase Shares emettibili in base al Purchase Agreement e le Warrant Shares emettibili in base alla Commitment Warrant triennale.
La modifica riduce quindi l'esposizione totale registrata verso Alumni Capital di $47,100,000 complessivi (una riduzione di $41,150,000 nelle Purchase Shares pi霉 una riduzione di $5,950,000 nelle Warrant Shares). Il documento ribadisce che Alumni Capital agisce come sottoscrittore e che la registrazione non obbliga all'acquisto n茅 all'emissione. La societ脿 indica il simbolo Nasdaq VCIG e un ultimo prezzo di vendita riportato di $0.8960 per azione.
VCI Global enmend贸 su suplemento al prospecto para reducir el valor m谩ximo de acciones ordinarias que pueden venderse a Alumni Capital de $120,077,348 a $78,927,348 y reducir el valor m谩ximo de Warrant Shares que pueden emitirse bajo el Commitment Warrant de $19,250,000 a $13,300,000. Las Acciones Ofrecidas incluyen las Purchase Shares emitibles conforme al Purchase Agreement y las Warrant Shares emitibles bajo el Commitment Warrant de tres a帽os.
La enmienda reduce as铆 la exposici贸n total registrada frente a Alumni Capital en $47,100,000 en conjunto (una reducci贸n de $41,150,000 en Purchase Shares m谩s una reducci贸n de $5,950,000 en Warrant Shares). El documento reitera que Alumni Capital es un suscriptor y que la registraci贸n no obliga a la compra ni a la emisi贸n. La compa帽铆a indica su s铆mbolo en Nasdaq VCIG y un 煤ltimo precio de venta reportado de $0.8960 por acci贸n.
VCI Global電� 歃濌秾鞁犼碃靹� 氤挫订靹滊ゼ 靾橃爼頃橃棳 Alumni Capital鞐� 毵る弰霅� 靾� 鞛堧姅 氤错喌欤� 斓滊寑 臧�旃橂ゼ $120,077,348鞐愳劀 $78,927,348搿�, Commitment Warrant鞐� 霐半澕 氚滍枆霅� 靾� 鞛堧姅 Warrant Shares鞚� 斓滊寑 臧�旃橂ゼ $19,250,000鞐愳劀 $13,300,000搿� 於曥唽頄堨姷雼堧嫟. 鞝滉车 欤检嫕鞐愲姅 Purchase Agreement鞐� 霐半澕 氚滍枆霅橂姅 Purchase Shares鞕� 3雲� 毵岅赴鞚� Commitment Warrant鞐� 霐半澕 氚滍枆霅橂姅 Warrant Shares臧� 韽暔霅╇媹雼�.
鞚措矆 靾橃爼鞙茧 Alumni Capital鞐� 雽�頃� 齑� 霌彪 雲胳稖鞚� 齑濏暕 $47,100,000毵岉伡 臧愳唽頄堨姷雼堧嫟( Purchase Shares電� $41,150,000 臧愳唽, Warrant Shares電� $5,950,000 臧愳唽). 氍胳劀電� Alumni Capital鞚� 鞚胳垬鞚胳瀯鞚� 鞛檿鞚疙晿氅� 霌彪鞚� 毵れ垬雮� 氚滍枆鞚� 鞚橂頇旐晿歆� 鞎婋姅雼り碃 氇呾嫓頃╇媹雼�. 須岇偓鞚� 雮橃姢雼� 鞁臣鞚� VCIG鞚措┌, 斓滉芳 氤搓碃霅� 欤茧嫻 瓯半灅臧�電� $0.8960鞛呺媹雼�.
VCI Global a modifi茅 son suppl茅ment de prospectus afin de r茅duire la valeur maximale des actions ordinaires susceptibles d'锚tre vendues 脿 Alumni Capital de $120,077,348 脿 $78,927,348 et de r茅duire la valeur maximale des Warrant Shares pouvant 锚tre 茅mises en vertu du Commitment Warrant de $19,250,000 脿 $13,300,000. Les actions offertes comprennent les Purchase Shares 茅mises en vertu du Purchase Agreement et les Warrant Shares 茅mises en vertu du Commitment Warrant d'une dur茅e de trois ans.
La modification r茅duit donc l'exposition totale enregistr茅e envers Alumni Capital de $47,100,000 au total (une r茅duction de $41,150,000 des Purchase Shares plus une r茅duction de $5,950,000 des Warrant Shares). Le document r茅it猫re que Alumni Capital est un souscripteur et que l'enregistrement n'oblige ni 脿 l'achat ni 脿 l'茅mission. La soci茅t茅 indique son symbole Nasdaq VCIG et un dernier prix de vente d茅clar茅 de $0.8960 par action.
VCI Global hat seinen Prospekterg盲nzungsblatt ge盲ndert, um den maximalen Wert der an Alumni Capital ver盲u脽erbaren Stammaktien von $120,077,348 auf $78,927,348 zu reduzieren und den maximalen Wert der unter der Commitment Warrant auszugebenden Warrant Shares von $19,250,000 auf $13,300,000 zu verringern. Die angebotenen Aktien umfassen Purchase Shares, die gem盲脽 dem Purchase Agreement ausgegeben werden k枚nnen, sowie Warrant Shares aus der dreij盲hrigen Commitment Warrant.
Die 脛nderung verringert damit die insgesamt registrierte Exponierung gegen眉ber Alumni Capital um $47,100,000 insgesamt (eine Verringerung der Purchase Shares um $41,150,000 zuz眉glich einer Verringerung der Warrant Shares um $5,950,000). Das Dokument bekr盲ftigt, dass Alumni Capital als Underwriter fungiert und dass die Registrierung nicht zum Kauf oder zur Ausgabe verpflichtet. Das Unternehmen nennt sein Nasdaq-Symbol VCIG und einen zuletzt gemeldeten Verkaufspreis von $0.8960 je Aktie.
- Maximum Purchase Share registration reduced by $41,150,000, lowering the ceiling on potential share issuance to Alumni Capital.
- Maximum Warrant Share registration reduced by $5,950,000, decreasing the potential warrant-related dilution.
- Total registered exposure lowered by $47,100,000, which reduces the upper bound of dilution if all registered securities were issued or exercised.
- Registration does not guarantee purchase or issuance; the company may not receive the full amount of proceeds implied by the registered amounts.
- Investing involves a high degree of risk as noted in the prospectus; material risks remain and could affect shareholder value.
Insights
TL;DR: Amendment materially reduces the maximum registered issuance and warrant exposure, lowering potential dilution by $47.1M.
The prospectus supplement narrows the company鈥檚 maximum registered issuance to Alumni Capital, decreasing Purchase Shares from $120.08M to $78.93M and Warrant exposure from $19.25M to $13.3M. This reduces the aggregate registered capital issuance by $47.1M, which, if exercised, would have represented direct dilution pressure. The filing also reiterates that registration does not guarantee sales, so actual dilution depends on future transactions under the Purchase Agreement and warrant exercise mechanics.
TL;DR: This is a disclosure-driven amendment reflecting a narrower registration; it preserves standard underwriter and registration disclaimers.
The amendment updates the range of securities registered for resale to align with changes to the Purchase Agreement and Commitment Warrant. The filing explicitly states Alumni Capital鈥檚 status as an underwriter and repeats that registration is not an indication of actual purchases. From a governance and disclosure perspective, the company has documented the contractual scope and limited the maximum registered amounts, which is routine but material to shareholder dilution considerations.
VCI Global ha modificato il supplemento al prospetto riducendo il valore massimo delle azioni ordinarie che possono essere vendute ad Alumni Capital da $120,077,348 a $78,927,348 e riducendo il valore massimo delle Warrant Shares emettibili ai sensi della Commitment Warrant da $19,250,000 a $13,300,000. Le Azioni Offerte includono le Purchase Shares emettibili in base al Purchase Agreement e le Warrant Shares emettibili in base alla Commitment Warrant triennale.
La modifica riduce quindi l'esposizione totale registrata verso Alumni Capital di $47,100,000 complessivi (una riduzione di $41,150,000 nelle Purchase Shares pi霉 una riduzione di $5,950,000 nelle Warrant Shares). Il documento ribadisce che Alumni Capital agisce come sottoscrittore e che la registrazione non obbliga all'acquisto n茅 all'emissione. La societ脿 indica il simbolo Nasdaq VCIG e un ultimo prezzo di vendita riportato di $0.8960 per azione.
VCI Global enmend贸 su suplemento al prospecto para reducir el valor m谩ximo de acciones ordinarias que pueden venderse a Alumni Capital de $120,077,348 a $78,927,348 y reducir el valor m谩ximo de Warrant Shares que pueden emitirse bajo el Commitment Warrant de $19,250,000 a $13,300,000. Las Acciones Ofrecidas incluyen las Purchase Shares emitibles conforme al Purchase Agreement y las Warrant Shares emitibles bajo el Commitment Warrant de tres a帽os.
La enmienda reduce as铆 la exposici贸n total registrada frente a Alumni Capital en $47,100,000 en conjunto (una reducci贸n de $41,150,000 en Purchase Shares m谩s una reducci贸n de $5,950,000 en Warrant Shares). El documento reitera que Alumni Capital es un suscriptor y que la registraci贸n no obliga a la compra ni a la emisi贸n. La compa帽铆a indica su s铆mbolo en Nasdaq VCIG y un 煤ltimo precio de venta reportado de $0.8960 por acci贸n.
VCI Global電� 歃濌秾鞁犼碃靹� 氤挫订靹滊ゼ 靾橃爼頃橃棳 Alumni Capital鞐� 毵る弰霅� 靾� 鞛堧姅 氤错喌欤� 斓滊寑 臧�旃橂ゼ $120,077,348鞐愳劀 $78,927,348搿�, Commitment Warrant鞐� 霐半澕 氚滍枆霅� 靾� 鞛堧姅 Warrant Shares鞚� 斓滊寑 臧�旃橂ゼ $19,250,000鞐愳劀 $13,300,000搿� 於曥唽頄堨姷雼堧嫟. 鞝滉车 欤检嫕鞐愲姅 Purchase Agreement鞐� 霐半澕 氚滍枆霅橂姅 Purchase Shares鞕� 3雲� 毵岅赴鞚� Commitment Warrant鞐� 霐半澕 氚滍枆霅橂姅 Warrant Shares臧� 韽暔霅╇媹雼�.
鞚措矆 靾橃爼鞙茧 Alumni Capital鞐� 雽�頃� 齑� 霌彪 雲胳稖鞚� 齑濏暕 $47,100,000毵岉伡 臧愳唽頄堨姷雼堧嫟( Purchase Shares電� $41,150,000 臧愳唽, Warrant Shares電� $5,950,000 臧愳唽). 氍胳劀電� Alumni Capital鞚� 鞚胳垬鞚胳瀯鞚� 鞛檿鞚疙晿氅� 霌彪鞚� 毵れ垬雮� 氚滍枆鞚� 鞚橂頇旐晿歆� 鞎婋姅雼り碃 氇呾嫓頃╇媹雼�. 須岇偓鞚� 雮橃姢雼� 鞁臣鞚� VCIG鞚措┌, 斓滉芳 氤搓碃霅� 欤茧嫻 瓯半灅臧�電� $0.8960鞛呺媹雼�.
VCI Global a modifi茅 son suppl茅ment de prospectus afin de r茅duire la valeur maximale des actions ordinaires susceptibles d'锚tre vendues 脿 Alumni Capital de $120,077,348 脿 $78,927,348 et de r茅duire la valeur maximale des Warrant Shares pouvant 锚tre 茅mises en vertu du Commitment Warrant de $19,250,000 脿 $13,300,000. Les actions offertes comprennent les Purchase Shares 茅mises en vertu du Purchase Agreement et les Warrant Shares 茅mises en vertu du Commitment Warrant d'une dur茅e de trois ans.
La modification r茅duit donc l'exposition totale enregistr茅e envers Alumni Capital de $47,100,000 au total (une r茅duction de $41,150,000 des Purchase Shares plus une r茅duction de $5,950,000 des Warrant Shares). Le document r茅it猫re que Alumni Capital est un souscripteur et que l'enregistrement n'oblige ni 脿 l'achat ni 脿 l'茅mission. La soci茅t茅 indique son symbole Nasdaq VCIG et un dernier prix de vente d茅clar茅 de $0.8960 par action.
VCI Global hat seinen Prospekterg盲nzungsblatt ge盲ndert, um den maximalen Wert der an Alumni Capital ver盲u脽erbaren Stammaktien von $120,077,348 auf $78,927,348 zu reduzieren und den maximalen Wert der unter der Commitment Warrant auszugebenden Warrant Shares von $19,250,000 auf $13,300,000 zu verringern. Die angebotenen Aktien umfassen Purchase Shares, die gem盲脽 dem Purchase Agreement ausgegeben werden k枚nnen, sowie Warrant Shares aus der dreij盲hrigen Commitment Warrant.
Die 脛nderung verringert damit die insgesamt registrierte Exponierung gegen眉ber Alumni Capital um $47,100,000 insgesamt (eine Verringerung der Purchase Shares um $41,150,000 zuz眉glich einer Verringerung der Warrant Shares um $5,950,000). Das Dokument bekr盲ftigt, dass Alumni Capital als Underwriter fungiert und dass die Registrierung nicht zum Kauf oder zur Ausgabe verpflichtet. Das Unternehmen nennt sein Nasdaq-Symbol VCIG und einen zuletzt gemeldeten Verkaufspreis von $0.8960 je Aktie.
Filed Pursuant to Rule 424(b)(5)
Registration Statement No. 333-279521
Prospectus Supplement
(To Prospectus dated May 28, 2024)
Up to $92,327,348
Ordinary Shares
This prospectus supplement amends and supplements the prospectus supplement dated January 22, 2025, which amended and supplemented the prospectus supplement dated December 17, 2024 and accompanying prospectus dated May 28, 2024 (collectively the “ELOC Prospectus”) relating to (i) the issuance and sale of our ordinary shares, no par value per share (the “Purchase Shares”), to Alumni Capital LP (“Alumni Capital”) upon the satisfaction of certain conditions set forth in the Purchase Agreement (the “Purchase Agreement”) dated August 1, 2024, between us and Alumni Capital and amended by a Modification Agreement dated as of September 27, 2024, the Amended Modification Agreement dated as of January 13, 2025, the Amended Modification Agreement dated May 21, 2025, at a purchase price per share calculated under the Purchase Agreement and (ii) a three-year ordinary share purchase warrant issued on August 1, 2024 (the “Commitment Warrant”) to purchase ordinary shares (the “Warrant Shares” and together with the Purchase Shares, the “Offered Shares”) pursuant to the Commitment Warrant at an exercise price determined by a formula that is described under “Alumni Capital Transaction.”
We are filing the Prospectus Supplement to amend the ELOC Prospectus to decrease (i) the maximum amount of our ordinary shares that may be sold to Alumni Capital under the ELOC Prospectus and Purchase Agreement from $120,077,348 to $78,927,348; (ii) the maximum amount of Warrant Share that may be issued and sold to Alumni Capital under the ELOC Prospectus and Commitment Warrant from $19,250,000 to $13,300,000.
Alumni Capital is an underwriter within the meaning of Section 2(a)(11) of the U.S. Securities Act of 1933, as amended (the “Securities Act”). The registration of the Offered Shares hereunder does not mean that Alumni Capital will actually purchase or that the Company will actually issue and sell all or any of the Offered Shares being registered pursuant to the registration statement related to this prospectus supplement.
You should read this prospectus supplement, the base prospectus, and any additional prospectus supplement or amendment carefully before you invest in our securities.
Our ordinary shares are listed on the Nasdaq Capital Market (“Nasdaq”) under the symbols “VCIG.” On August 12, 2025, the last reported sale price of our ordinary shares on Nasdaq was $0.8960 per share.
Investing in our securities involves a high degree of risk. See “Risk Factors” section beginning on page S-6.
We are an “emerging growth company,” as that term is defined under the federal securities laws and, as such, we have elected to comply with certain reduced public company reporting requirements and may elect to do so in future filings.
Neither the SEC nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this prospectus supplement is August 13, 2025.
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FAQ
What change did VCI Global (VCIG) make in this prospectus supplement?
By how much did the total registered exposure to Alumni Capital decrease?
Does this filing mean Alumni Capital will buy the registered shares?
What is Alumni Capital鈥檚 role under the prospectus?
What is VCIG鈥檚 listed share price referenced in the prospectus supplement?
