Winning Asia set for Canadian listing via Digicann reverse takeover
Agreement signed November 4 would rename the issuer Auronexa Technologies and give former owners 83%
Key Takeaways
- Digicann Ventures signed a binding share-exchange agreement with Winning Asia on November 4, 2026.
- If completed as a reverse takeover, the issuer would be renamed Auronexa Technologies Inc.
- Former Winning Asia shareholders and related service providers would hold about 83 percent post-deal.
- Digicann plans a 25-to-1 share consolidation and to settle roughly CAD1,000,000 in convertible debentures via share issuance.
- The transaction is subject to approval by Digicann shareholders and the Canadian Securities Exchange.
Digicann Ventures Inc has signed a binding share-exchange agreement with Winning Asia Technology Macau Ltd and its shareholders, the Canadian Securities Exchange‑listed issuer said on November 4, 2026. If completed, the transaction will constitute a reverse takeover of Digicann, result in a corporate name change to Auronexa Technologies Inc, and see former Winning Asia shareholders and related service providers hold an aggregate 83 percent of the Canadian public company.
Deal terms and consideration
Under the share-exchange agreement dated November 4, Digicann would acquire 100 percent of Winning Asia in exchange for common shares of Digicann. The company intends a 25‑to‑1 share consolidation and plans to settle approximately CAD1,000,000 (US$708,748) in principal amount of convertible debentures, together with accrued interest and “certain accounts payable and other obligations”, through issuance of common shares pursuant to settlement agreements.
Post-transaction, about 17 percent of the listed entity’s shares would be attributable to existing Digicann shareholders and for settlement of certain outstanding securities and liabilities.
Business scope, licences and approvals
Macau‑based Winning Asia promotes its own gaming products and slot management systems under the AGT brand and also distributes games from other manufacturers. Winning Asia co‑founder and chief executive Alice Tang told GGRAsia earlier in 2026 that the company has been pursuing sales in a developing market for artificial intelligence‑driven robotic security.
The proposed reverse takeover remains subject to approval by Digicann’s shareholders and by the Canadian bourse. Digicann Ventures has been listed on the Canadian Securities Exchange since June 2014 and was known as Agra Ventures Ltd before August 2023.
Frequently Asked Questions
What transaction did Digicann sign with Winning Asia and when?
Digicann signed a binding share-exchange agreement with Winning Asia on November 4, 2026. The agreement would see Digicann acquire 100 percent of Winning Asia in exchange for common shares, constituting a reverse takeover if completed.
How will ownership split after the proposed reverse takeover?
Former Winning Asia shareholders and related service providers would hold an aggregate 83 percent of the Canadian public company. The remaining approximately 17 percent would be attributable to Digicann’s existing shareholders and for settlement of certain outstanding securities and liabilities.
What financial settlements are planned as part of the deal?
Digicann intends to settle approximately CAD1,000,000 (US$708,748) in principal convertible debentures, plus accrued interest and certain payables, by issuing common shares pursuant to settlement agreements. The company also plans a 25-to-1 share consolidation.
What businesses does Winning Asia operate?
Winning Asia operates a gaming equipment business promoting products and slot management systems under the AGT brand and distributes casino games from other manufacturers. The company has also been developing a market for AI-driven robotic security, according to co‑founder and chief executive Alice Tang.
What approvals are required to complete the reverse takeover?
Completion of the proposed reverse takeover requires approval by Digicann’s shareholders and by the Canadian Securities Exchange. Digicann disclosed the approvals as outstanding in its transaction update.
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About the author
Marcus Webb
Industry Deals Correspondent
Marcus Webb covers the deal flow of the gambling industry — operator strategy, M&A, market entries, and product launches from sportsbook rebrands to full platform migrations. The reports name the companies, valuations, and jurisdictions exactly as disclosed and separate the announcement from its market impact. When a group consolidates a brand or a challenger launches into a new state, Marcus Webb explains who gains, who pays, and what closes next quarter.
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