DSG Global Inc (DSGT)

[ulmadi]

n the Annual Report for the year ended 31.12.22:

to execute our proposed business plan for the next 12 months, we estimate that we will require approximately US$35 million in addition to cash from 31 December 2022. , and cash received on the exercise of outstanding warrants will not be sufficient to meet our cash requirements. We will need to raise additional funds through the sale of our shares in private placements or reasonable offerings and/or borrowing Shareholder loans. If we are unable to raise sufficient funds through such capital raising efforts, we may explore other financing options such as bank loans. Financing may not be available to us or, if available, may not be available on terms acceptable to us.