VCI Global signs $125 million equity line of credit with Hudson Global Ventures
VCIG•VCI Global entered a $125 million equity line of credit with Hudson Global Ventures on Sept. 23, 2026. It also issued $1.7 million in secured convertible notes to Dune and FirstFire, with the floor price amended to $0.328 per share.
1. Equity line terms
VCI Global can sell shares at its discretion over 36 months, with each sale ranging from $25,000 to $2.5 million, subject to volume limits. Pricing is set at 95% of recent low-trade price averages, and Hudson’s ownership is capped at 4.99%. Hudson also received a five-year warrant for 1,171,875 shares at a $0.01 exercise price.
2. Separate financing
In a separate financing, VCI Global issued $1.7 million of secured convertible notes to Dune and FirstFire and amended the floor price to $0.328 per share.
