XS Financial Gains Approval for Share Buyout Deal
Company Announcements

XS Financial Gains Approval for Share Buyout Deal

Story Highlights

XS Financial (TSE:XSF) has released an update.

XS Financial has secured the necessary securityholder approvals for the acquisition by XS Acquisition Portfolio LLC, with over 99% votes in favor, setting the stage for a complete buyout of its shares. Shareholders also voted to elect four directors and appoint a new auditor, paving the way for the arrangement to finalize by September 23, 2024.

For further insights into TSE:XSF stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyXS Financial taken private by Mavik Capital, Axar Capital
TipRanks Canadian Auto-Generated NewsdeskXS Financial Acquired for Market Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App