# DGEN Technologies Completes DGEN Financial Acquisition and Files CSE Listing Statement

> DGEN Technologies issued 9,550,360 shares and 7,000,360 warrants to close its DGEN Financial Holdings acquisition and filed a CSE listing statement.

- Published: 2026-10-16T22:32:48+00:00
- Section: Mergers & Acquisitions
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-16/dgen-technologies-acquisition-cse-listing
- Source: [Newswire](https://www.newswire.ca/news-releases/dgen-technologies-formerly-china-keli-electric-company-completes-acquisition-and-name-change-and-files-cse-listing-statement-897894028.html)

## Key takeaways

- DGEN Technologies completed its acquisition of DGEN Financial Holdings on October 14, 2026, issuing 9,550,360 common shares and 7,000,360 warrants.
- The company changed its name from China Keli Electric Company Ltd. to DGEN Technologies Corp. and filed a CSE Form 2A listing statement dated October 14, 2026.
- The common shares are expected to begin trading on the Canadian Securities Exchange under the symbol DGEN on or about October 20, 2026.

DGEN Technologies Corp. Completed its acquisition of DGEN Financial Holdings Corp. On October 14, 2026, issuing 9,550,360 common shares and 7,000,360 common share purchase warrants, [Newswire](https://www.newswire.ca/news-releases/dgen-technologies-formerly-china-keli-electric-company-completes-acquisition-and-name-change-and-files-cse-listing-statement-897894028.html) reported on October 16, 2026. The company, formerly China Keli Electric Company Ltd., filed a CSE listing statement and changed its name.

## DGEN Technologies' Share Exchange Terms

The transaction was completed under a share exchange agreement dated December 9, 2025, as amended on August 17, 2026. DGEN Technologies acquired all issued and outstanding shares of DGEN Financial Holdings in exchange for the shares and warrants issued to certain former shareholders of DGEN Financial Holdings. Each warrant entitles the holder to acquire one common share at a price of $0.25 until October 14, 2028. DGEN Financial Holdings became a wholly-owned subsidiary of DGEN Technologies.

As of the date of the announcement, DGEN Technologies had 29,161,364 common shares and 7,000,360 warrants issued and outstanding. The company filed a CSE Form 2A listing statement dated October 14, 2026, on SEDAR+ under its profile. DGEN Technologies received conditional approval to list its common shares on the Canadian Securities Exchange and delisted the shares from the TSX Venture Exchange in anticipation of the CSE listing. The common shares are expected to commence trading on the CSE under the symbol "DGEN" on or about October 20, 2026.

Following completion of the transaction, the directors and officers of DGEN Technologies are Cole Goodwin, Chief Executive Officer and Director, Philip Lo, Chief Financial Officer, Corporate Secretary and Director, Sean Webster, Director, and Yee Man Cheung, Director. "Mr. Goodwin is a business executive with over 10 years of experience in alternative and traditional investment markets, financial technology and corporate operations," the company said. At the time of listing, 2,496,000 common shares and 1,000,000 warrants held by related persons will be subject to escrow under an escrow agreement dated October 14, 2026, with a 36-month release schedule under National Policy 46-201.

DGEN Technologies is a Vancouver-based technology company developing a cloud-based payment platform intended to integrate point-of-sale, kiosk and mobile payment systems into a unified and scalable solution. The platform is in beta stage and is operational, but has not yet been commercialized or generated revenue, according to the company's [announcement](https://dgentechnologies.com).

## Other Deals Across Financial Services

Unipol Assicurazioni said the Italian Competition Authority authorized its acquisition of sole de facto control of BPER Banca, [MarketScreener](https://www.marketscreener.com/news/unipol-agcm-authorizes-acquisition-of-control-of-bper-banca-ce785cdadc8bf12d) reported on October 16, 2026. Lloyds Engineering Works held an unsecured creditors meeting on October 16, 2026, to seek approval for merging three subsidiaries into the company, [ScanX](https://scanx.trade/stock-market-news/companies/lloyds-engineering-works-shareholders-vote-merger-three-units/53710707) reported. All for One Group SE published a voting rights notification under § 40 Abs. 1 WpHG announcing the acceptance of a takeover offer by VINCI Energies Deutschland Enterprise Solutions AcquiCo SE, [FinanzNachrichten.de](https://www.finanznachrichten.de/nachrichten-2026-10/69859123-eqs-pvr-all-for-one-group-se-veroeffentlichung-gemaess-40-abs-1-wphg-mit-dem-ziel-der-europaweiten-verbreitung-022.htm) reported on October 16, 2026.

## DGEN Technologies' Listing Timeline

The escrow agreement dated October 14, 2026, provides for a 36-month release schedule.

## Companies in this story

- DGEN Technologies · website: https://dgentechnologies.com

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