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NSX Limited ( (AU:NSX) ) has issued an update.
NSX Limited has announced the dispatch of its Scheme Booklet to shareholders, detailing a proposed Scheme of Arrangement where 1001290557 Ontario Inc., a related entity of CNSX Markets Inc., will acquire all remaining shares of NSX. This move is part of a strategic acquisition by CNSX to consolidate its holdings in NSX. The Scheme requires approval from NSX shareholders and the Federal Court of Australia, and is subject to regulatory conditions. The Scheme Meeting is scheduled for October 10, 2025, allowing shareholders to vote on the proposal. This acquisition could significantly impact NSX’s operations and market positioning, aligning it more closely with CNSX’s strategic objectives.
More about NSX Limited
NSX Limited operates in the financial services industry, primarily focusing on securities exchange services. It is involved in facilitating the trading of shares and other securities, with a market focus on providing a platform for companies to list and trade their securities.
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.