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The latest announcement is out from NSX Limited ( (AU:NSX) ).
NSX Limited has announced that the Federal Court of Australia has approved the convening of a Scheme Meeting for shareholders to consider a proposed Scheme of Arrangement. This scheme involves 1001290557 Ontario Inc., a related entity of CNSX Markets Inc., acquiring all NSX shares not already owned by CNSX. The court also approved the distribution of a Scheme Booklet, which will provide shareholders with detailed information about the scheme, including an Independent Expert’s Report. This development could significantly impact NSX’s operations and market positioning by aligning it more closely with the Canadian Securities Exchange.
More about NSX Limited
NSX Limited operates within the financial industry, primarily focusing on securities exchange services. The company is involved in facilitating trading and investment activities, with a market focus on providing a platform for securities exchange in Australia.
Average Trading Volume: 567,914
Technical Sentiment Signal: Hold
Current Market Cap: A$19.63M
For an in-depth examination of NSX stock, go to TipRanks’ Overview page.