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An announcement from INX Digital Company Inc ( (TSE:INXD) ) is now available.
INX Digital Company, Inc. announced that its shareholders have approved a plan of arrangement with Republic Strategic Acquisition Co., a subsidiary of OpenDeal Inc. This arrangement will allow Republic to acquire all outstanding shares of INX not already owned by Republic. The approval was overwhelmingly supported by shareholders, with 99.99% voting in favor. The arrangement is subject to customary closing conditions, including court approval, and is expected to close in the fourth quarter of 2025. This development positions INX for further growth and integration within Republic’s expansive global investment network.
More about INX Digital Company Inc
INX Digital Company, Inc. operates regulated trading platforms for digital securities and cryptocurrencies, combining traditional market expertise with innovative fintech solutions. The company aims to be a global hub for digital assets on the blockchain, operating under regulatory oversight from bodies like the SEC and FINRA.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$46.67K
For a thorough assessment of INXD stock, go to TipRanks’ Stock Analysis page.