The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement entered into between Banxa Holdings Inc., OSL Group Ltd. and OSL BNXA Acquisition Inc. (the purchaser) dated June 27, 2025. Under the arrangement agreement, the purchaser acquired all of the issued and outstanding common shares in the capital of Banxa, other than any shares held by shareholders of Banxa who validly exercised dissent rights in accordance with the plan of arrangement, for a purchase price of $1.55 per share, payable in cash.
The exchange has been advised that securityholder approval of the arrangement agreement was received from shareholders of Banxa at a meeting of securityholders held on Aug. 28, 2025. Approval of the arrangement agreement by the Supreme Court of British Columbia was obtained on Nov. 20, 2025. For further information, see the management information circular dated July 25, 2025, and the news release dated Jan. 2, 2026, which are available on the SEDAR+ profile of Banxa.
Effective at the close of business Monday, Jan. 5, 2026, the common shares of Banxa will be delisted from the exchange at the request of Banxa.
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