DigiAsia Corp. announced that announced it has entered into a definitive Securities Purchase Agreement with new investor Helena Special Opportunities LLC, an affiliate of Helena Partners Inc. to issue Senior Unsecured Convertible Notes for the gross proceeds of $3,000,000 on June 21, 2024. The notes are convertible into Class A common shares of the Company.

The Notes bear interest at a rate of 12% per annum, payable quarterly, and mature one year from the issuance of the note. Helena, pursuant to its note, has the option, on or prior to the maturity date, to convert the entire principal amount and all accrued but unpaid interest on the notes into shares of common stock.