DigitalX (ASX: $DCC) Trading Halt Request

DigitalX Limited (ASX: $DCC) has requested a trading halt following its application for a summary judgement in the matter involving former Director, Mr Alex Karis, pending the Federal Court of Australia's decision. The trading halt will remain in place until the announcement of the court's decision or the commencement of trading on 11 July 2024.

Executive Commentary

The Company has requested the trading halt to ensure that the market is informed of the Federal Court's decision on the summary judgement application. We believe it is in the best interest of our shareholders and the market to await the court's decision before normal trading resumes. We are committed to providing transparent and timely updates as the situation unfolds.

Summary of Trading Halt Request

DigitalX Limited (ASX: $DCC) has requested a trading halt pending the Federal Court of Australia's decision on the summary judgement application related to the matter involving former Director, Mr Alex Karis. The Company aims to ensure that the market is informed of the court's decision before normal trading resumes. DigitalX remains focused on growing the blockchain economy through its digital asset funds management business, digital fintech and regtech products, and blockchain ventures. The Company is also commercializing Drawbridge, its first regtech solution, to support listed companies in managing compliance and corporate governance policies.