Exchange: NASDAQ·Updated 03:46 PM EST
FAAS logo

FAAS DigiAsia Corp

$0.0175
$0.0015
(9.38%)
Today
Mkt Cap$1.06M
Vol22,672.00

About FAAS

DigiAsia Corp. operates as a financial technology frim. The company was founded by Alexander Steven Rusli on October 23, 2017 and is headquartered in Singapore.
56

Bullish Sentiment

How do you feel about FAAS?

Short_Crusher
$FAAS Discussions from today’s creditors’ meeting are likely wrapping up around now. The big question is whether PayMate has been negotiating with Grant Thornton behind the scenes over a potential rescue or restructuring. Remember, PayMate’s CEO signed the extension to November 20th AFTER DigiAsia’s potential liquidation was already known. Surely that raises questions about what discussions may have been taking place and whether the intention is still to get the deal over the line? Today’s meeting may also have covered asset valuations, creditor settlements and potential recovery options. Nothing confirmed, but a PayMate-backed resolution remains a possibility. The next 17 days could be pivotal.
11
Short_Crusher
$FAAS November 3rd and 20th marked. Hopefully the pressure is on to get this deal done. We deserve this
8
Short_Crusher
$FAAS Looks like we may hear something regarding the November 20th PayMate deal deadline before anything is published in the Cayman Gazette.
6
Hkg13
$FAAS The game changed in May of 2025, with Naked Shorts triggered volume of over a billion shares and then again in Sep. Management became aware that it was easier to get wiped out under the Naked whipped maelstrom. They did a perfect move in Oct. 2025 to pull rug on the listing and announcing the plan to IPO merged entity (with PayMate) in India. They look longer to get the plan together, due to hiccups with change of the auditors. But May 2026 plan was the clear signal to Nakeds that their runway was limited. We are where we are, with Stage 1 completion just around the corner; most likely before Nov. 3rd meeting of creditors in Cayman Islands. We have nothing to loose, with stock trading at almost zero... but a ton to gain. And, if the mother of all squeezes plays out with Nakeds forced to cover on completion of Stage 2, then we might all as well go dancing to Las Vegas (instead of flying in)...
6
browndo04
$FAAS so the question is, is there a way to sell our shares at some point. Transfer to a broker if this deal doesn't happen..geesh
4

Advertisement|Remove ads.