ESG data analysis software provider Diginex (DGNX.US) IPO pricing at $4-6 per share, planning to raise $11 million.

Hong Kong-based ESG data analysis software provider Diginex (DGNX.US) submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC) on Wednesday, planning to raise $11 million. The company plans to issue 2.3 million shares at a price of $4 to $6 per share, raising $11 million. Based on the proposed mid-range, Diginex's market value will reach $116 million. Diginex's software solutions enable companies to collect, evaluate, and share sustainability data, including data related to carbon footprints and working conditions throughout the supply chain. In addition, it also provides consulting services to help companies implement their ESG plans. The company has historically focused on small and medium-sized enterprises, but has also partnered with major clients such as Coca-Cola Company (KO.US), HSBC HOLDINGS (HSBC.US), and Unilever PLC Sponsored ADR (UL.US). Established in 2020, Diginex generated sales of $1 million in the 12 months ending March 31, 2024. The company plans to list on the Nasdaq under the ticker symbol DGNX, and filed confidentially on February 12, 2024. Dominari Securities and Revere Securities are the joint book-runners for this transaction.