VCI Global secures $125 million equity line of credit with Hudson Global Ventures

VCI Global signed an equity line of credit worth $125 million with Hudson Global Ventures on Sept. 23, 2026. The company can sell shares over 36 months, with individual sales ranging from $25,000 to $2.5 million. Pricing will be set at 95% of recent low-trade price averages, and Hudson's ownership will be capped at 4.99%. Hudson also received a five-year warrant for 1,171,875 shares at a $0.01 exercise price. Separately, $1.7 million of secured convertible notes were issued to Dune and FirstFire, with the floor price amended to $0.328 per share.