Company: VCIG
Filing Date: 2025-09-25
Form Type: F-3
Source: 0001213900-25-091277
Chunk: 14

Company: VCI Global Ltd
Filing Date: 2025-09-25
Form: F-3
Chunk 14
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 shares issuable upon conversion of
the Convertible Notes and exercise of the Alumni Warrants.

On August 13, 2025, we filed a prospectus supplement,
dated as of August 13, 2025 (the “Prospectus Supplement”) under our registration statement on Form F-3 (File No. 333-279521),
in respect of the s ordinary shares that would be underlying the maximum amount of Convertible Notes and Alumni Warrants if converted
or exercised, as applicable, at the applicable Floor Price. For a more detailed description of this offering, see our Report of Foreign
Private Issuer on Form 6-K filed with the SEC on August 14, 2025.

ELOC Offering with Alumni

On August 1, 2024, we entered into a Purchase
Agreement and a three-year ordinary share purchase warrant (the “Commitment Warrant”) with Alumni. Pursuant to the Purchase
Agreement, the Company has the right, but not the obligation to cause Alumni Capital to purchase up to $5 million of our ordinary shares
(the “Commitment Amount”), no par value, at the Purchase Price (as defined under “Alumni Capital Transaction”)
during the period beginning on the execution date of the Purchase Agreement and ending on the earlier of (i) the date on which Alumni
has purchased $5 million of our common stock shares pursuant to the Purchase Agreement or (ii) June 30, 2025. On August 5, 2024, we filed
a prospectus supplement, dated as of August 5, 2024 under our registration statement on Form F-3 (File No. 333-279521), in respect of
the financing with Alumni. The Purchase Agreement was subsequently amended on September 27, 2024, to increase the Commitment Amount to
$35,000,000. On October 1, 2024, we filed a registration statement on Form F-1 (File No. 333-282454), declared effective on October 11,
2024, in relation to the offering and resale of up to 476,363,636 of our ordinary shares by Alumni, which include up to (i) 276,363,636
ordinary shares that may be issued and sold to the Alumni pursuant to the Purchase Agreement and (ii) 200,000,000 ordinary shares underlying
the Purchase Warrant Agreement (the “Alumni Warrant”) issued to Alumni Capital as a commitment