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Exodus Movement宣布收购Banxa
2025-02-04 22:34
- Exodus Movement (NYSE:EXOD) on Tuesday said it has submitted a proposal for the acquisition of all the issued and outstanding common shares of financial technology platform Banxa Holdings (TSXV:BNXA:CA).
- Banxa said that its Board of Directors has unanimously determined that the Exodus Offer constitutes a “Superior Proposal” under the terms of the arrangement agreement between Banxa and 1493819 B.C.
- Banxa also announced that it provided notice of such determination to 1493819 and that, under its arrangement agreement with 1493819, 1493819 now has the right, until February 10, to propose to amend the terms of the arrangement agreement in order to make the Exodus Offer no longer a Superior Proposal.
- Pursuant to the terms of the offer, Exodus has offered to acquire all of the issued and outstanding common shares of Banxa for consideration per Banxa Share comprised of CDN$1.10 in cash and 0.0079 of class A common stock of Exodus.
- Source: Press Release
More on Banxa Holdings Inc., Exodus Movement, etc.
- Exodus Movement: The $1B Near-Peer Outperformer You've Probably Never Heard Of
- Exodus Movement: Overvalued And Lacks A Moat
- Banxa to complete going private transaction
- Historical earnings data for Banxa Holdings Inc.
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