Digital Currency X Raises $5 Million in Registered Direct Offering

NEW YORK, Sept. 18, 2026 /CourierPR/ -- Digital Currency X Technology Inc., a digital asset treasury management company, has announced the successful completion of a registered direct offering. The company sold 23,809,530 Ordinary Shares, or pre-funded warrants in lieu thereof, at a combined purchase price of $0.21 per share, raising approximately $5.0 million before deducting placement agent fees and other estimated offering expenses.

The shares were sold alongside accompanying Series A and Series B warrants. Each Ordinary Share comes with one Series A warrant and one Series B warrant. The Series A warrants have an initial exercise price of $0.44 per Ordinary Share and are exercisable immediately upon issuance, expiring five years from the date of issuance. The Series B warrants are exercisable for one unit, consisting of one Ordinary Share and one new Series A warrant, with an initial exercise price of $0.21 per unit. These warrants are also exercisable immediately upon issuance and will expire 30 days from the date of issuance.

The offering is expected to close on or about September 21, 2026, subject to the satisfaction of customary closing conditions. The securities were offered pursuant to a shelf registration statement on Form F-3 (File No. 333-281314), which was declared effective by the U.S. Securities and Exchange Commission (SEC) on August 16, 2024. Maxim Group LLC is acting as the sole placement agent in connection with the offering.

The net proceeds from this offering will be used for working capital and general corporate purposes. These may include the acquisition, custody, holding, staking, management, and disposition of digital assets and cryptocurrencies, as well as related treasury and business operations. The company also intends to use the funds to purchase insurance coverage for its directors and officers.

The shelf registration statement on Form F-3 (File No. 333-281314) was declared effective by the SEC on August 16, 2024. The offering of the securities will be made only by means of a prospectus supplement that forms a part of such registration statement. A prospectus supplement relating to the securities offered in the offering will be filed by the company with the SEC. When available, copies of the prospectus supplement relating to the offering, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from Maxim Group LLC, 300 Park Avenue, New York, NY 10022, Attention: Syndicate Department, or via email at [email protected] or telephone at (212) 895-3500.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and assumptions that are difficult to predict, including whether the company will consummate the offering on the anticipated terms or at all, the satisfaction of customary closing conditions, prevailing market and other conditions, and the risks and uncertainties described under "Item 3.D. Risk Factors" in the company’s most recent Annual Report on Form 20-F and in the company’s other reports filed with or furnished to the U.S. Securities and Exchange Commission, copies of which are available at www.sec.gov.