Company: VCIG
Filing Date: 2025-08-13
Form Type: 424B5
Source: 0001213900-25-075843
Chunk: 15

Company: VCI Global Ltd
Filing Date: 2025-08-13
Form: 424B5
Chunk 15
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2)(B) of the Securities Act for complying with new or revised accounting standards. This allows an emerging growth company to delay the adoption of certain accounting standards until those standards would otherwise apply to private companies. We have irrevocably elected to avail ourselves of this extended transition period and, as a result, we will not be required to adopt new or revised accounting standards on the dates on which adoption of such standards is required for other public reporting companies. We are also a “smaller reporting company” as defined in Rule 12b-2 of the Exchange Act, and have elected to take advantage of certain of the scaled disclosure available for smaller reporting companies.

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THE OFFERING

| Ordinary shares offered by us pursuant to this prospectus supplement |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                Up to 69,875,000 Shares. |
| Ordinary shares to be outstanding after this offering                |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            100,976,341. |
| Use of Proceeds                                                      |     | We will not receive any proceeds from the sale of the Shares by Alumni, however we will receive proceeds from the purchase by Alumni of the Convertible Notes and any payment by Alumni of the exercise price for the Alumni Warrants. Such proceeds will be used for general working capital purposes. To the extent that Alumni converts any Convertible Note into Shares, the debt represented by such Convertible Note will be extinguished, in whole or in part. See “Use of Proceeds” on page S-12 of this prospectus supplement. |
| Risk Factors                                                         |     |                                                                                            An investment in our ordinary shares involves a high degree of risk. See the information contained in or incorporated by reference under “Risk Factors” on page S-8 of this prospectus supplement and under similar headings in the other documents that are incorporated by reference herein, as well as the other information included in or incorporated by reference in this prospectus supplement and the accompanying base prospectus. |
| The Nasdaq Capital Market symbol                                     |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    VCIG |

The number of our ordinary shares to be outstanding after this offering is based on 31,101,341 ordinary shares outstanding as of August 13, 2025. Unless specifically stated otherwise, the information in this prospectus supplement is as of August 13, 2025 and excludes:

| ● | 250,000 ordinary shares issuable                                                                                 
 upon the exercise of warrants issued to Exchange Listing, LLC, at an exercise