Company: VCIG
Filing Date: 2025-10-31
Form Type: 424B5
Source: 0001213900-25-104595
Chunk: 18

Company: VCI Global Ltd
Filing Date: 2025-10-31
Form: 424B5
Chunk 18
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                                     | VCIG                                                                                                                                                                                                                                                                                                                                                                                                                                    |

The number of our Ordinary Shares to be outstanding after this offering is based on 6,054,809 Ordinary Shares outstanding as of October 31, 2025. Unless specifically stated otherwise, the information in this prospectus supplement is as of October 31, 2025 and excludes:

| ● | 250,000 Ordinary Shares issuable upon the exercise of warrants issued to Exchange Listing, LLC, at an exercise price of $4.00 per Ordinary Share; |

| ● | 953,008 Ordinary Shares issuable upon the exercise of warrants offered in the Company’s offering in January 2024, at an exercise price of $1.25 per Ordinary Share; and |

| ● | 176,000 Ordinary Shares issuable upon the exercise of warrants issued to StockBlock Securities, LLC, at an exercise price of $1.5625 per Ordinary Share. |

| ● | Undetermined number of Ordinary Shares that may be issuable upon the exercise of warrants issued and issuable to Alumni, at variable exercise prices. |

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RISK FACTORS</div>

Investing in our securities involves a high degree of risk. Before deciding whether to purchase any of our securities, you should carefully consider the risks and uncertainties described below, in the section titled “Risk Factors” in our Annual Report on Form 20-F, and in other documents that we subsequently file with the SEC that update, supersede or supplement such information, which are incorporated by reference into this prospectus supplement and accompanying base prospectus, and in any free writing prospectus that we have authorized for use in connection with this offering. If any of these risks actually occur, our business, financial condition and results of operations could be materially and adversely affected and we may not be able to achieve our goals, the value of our securities could decline and you could lose some or all of your investment. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. If any of these risks occur, the trading price of our Ordinary Shares could decline materially and you could lose all or part of your investment. If any of these risks actually occur, our business, financial condition, results of operations or cash flow could be harmed. This could cause the trading price of our securities to decline, resulting in a loss of all or part of your investment. Please also read carefully the section above titled “Cautionary Note Regarding Forward-Looking Statements.”

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