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NSX Limited Announces Shareholder Meeting for Proposed Acquisition Scheme

Story Highlights
  • NSX Limited is facilitating a shareholder meeting for a proposed acquisition by CNSX Markets Inc.
  • The NSX Board recommends the scheme, with an expert report supporting its benefits for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NSX Limited Announces Shareholder Meeting for Proposed Acquisition Scheme

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An update from NSX Limited ( (AU:NSX) ) is now available.

NSX Limited has announced that the Federal Court of Australia has ordered a meeting of its 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 Scheme Booklet, which includes an independent expert’s report deeming the scheme in the best interests of shareholders, has been registered with ASIC and distributed to shareholders. The NSX Board unanimously recommends voting in favor of the scheme, with a meeting scheduled for October 10, 2025.

More about NSX Limited

NSX Limited operates in the financial services industry, primarily focusing on providing a platform for securities exchange. The company is involved in facilitating the trading of shares and other financial instruments, catering to a diverse range of market participants.

Average Trading Volume: 567,914

Technical Sentiment Signal: Hold

Current Market Cap: A$19.63M

For a thorough assessment of NSX stock, go to TipRanks’ Stock Analysis page.

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