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NSX Limited Announces Scheme Meeting for Proposed Acquisition by Canadian Entity

Story Highlights
  • NSX Limited is in the financial services industry, focusing on stock exchange operations.
  • NSX shareholders will vote on a proposed acquisition by a Canadian entity, impacting its market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NSX Limited Announces Scheme Meeting for Proposed Acquisition by Canadian Entity

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NSX Limited ( (AU:NSX) ) has shared an announcement.

NSX Limited has announced a Scheme Meeting where shareholders will vote on a proposed acquisition by 1001290557 Ontario Inc., a related entity of CNSX Markets Inc., which operates the Canadian Securities Exchange. The acquisition involves BidCo acquiring all issued shares of NSX that CNSX does not already own. This move is significant for NSX as it could impact its operations and market positioning, potentially aligning it more closely with international markets and expanding its reach.

More about NSX Limited

NSX Limited operates in the financial services industry, focusing on stock exchange operations. It provides a platform for listing and trading securities, with a market focus on facilitating capital raising and trading for small to medium enterprises.

Average Trading Volume: 503,405

Technical Sentiment Signal: Hold

Current Market Cap: A$19.63M

Learn more about NSX stock on TipRanks’ Stock Analysis page.

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