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NSX Limited ( (AU:NSX) ) has shared an announcement.
NSX Limited has announced that the Australian Securities and Investments Commission (ASIC) has granted it a waiver from ASX Listing Rule 6.23.2. This waiver allows NSX to cancel 7,500,000 unlisted options over its ordinary shares without requiring shareholder approval, as part of a proposed Scheme of Arrangement. This scheme involves CNSX Markets Inc. acquiring all ordinary shares in NSX, contingent on shareholder and court approval. The waiver is subject to conditions, including the release of full details to the market and the scheme’s effectiveness.
More about NSX Limited
Average Trading Volume: 901,689
Technical Sentiment Signal: Hold
Current Market Cap: A$19.63M
Learn more about NSX stock on TipRanks’ Stock Analysis page.