TORONTO and NEW YORK, June 18, 2025 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) ("INX" or the "Company") announces that in connection with its previously announced plan of arrangement under section 288 of the Business Corporations Act (British Columbia) ("Arrangement") involving the Company, OpenDeal Inc. (d/b/a Republic) ("Republic") and Republic Strategic Acquisition Co LLC (the "Purchaser"), a wholly-owned subsidiary of Republic, MMCAP International SPC ("MMCAP"), the Company's largest shareholder, and Meni Benish, another significant shareholder of the Company (together, the "Additional Rollover Shareholders"), will enter into rollover agreements with Republic.
Creating a One-Stop Hub for Web3 and Traditional Investors – Bringing INX and Republic's Shared Vision to Life
TORONTO and NEW YORK, April 3, 2025 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) ("INX" or the "Company") announces that it has entered into an arrangement agreement dated April 3, 2025 (the "Arrangement Agreement") with OpenDeal Inc. (d/b/a Republic) ("Republic") in connection with a transaction (the "Arrangement") that values the Company's equity at up to US$60 million (assuming the Rollover Share Limit (as defined below) is achieved). Under the terms of the Arrangement Agreement, on closing, Republic Strategic Acquisition Co LLC (the "Purchaser"), a wholly-owned subsidiary of Republic, will acquire all of the issued and outstanding common shares of INX (the "Shares"), other than those Shares already owned by Republic, for an aggregate amount of up to US$54.8 million, where up to US$18.8 million in consideration will be provided to the Rollover Shareholders (as defined below), as further described below, and fixed consideration of US$36 million will be paid by Republic to the non-Rollover Shareholders. With respect to the consideration to be provided to the non-Rollover Shareholders, US$20 million will be paid by Republic in cash upon completion of the Arrangement and US$16 million will be paid by Republic 18 months following the Escrow Deposit Date (which is defined in the Arrangement Agreement) pursuant to the terms of a contingent value rights agreement (the "CVR Agreement").
TORONTO, March 28, 2025 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), the owner of INX.One- a regulated platform for security tokens and cryptocurrencies, U.S. broker-dealer, alternative trading system, and transfer agent (through its subsidiaries) - announced its financial results for the fourth quarter and full year ended December 31, 2024.
Investment gains or losses for any particular period are not indicative of quarterly business performance. Company earnings for the fourth calendar quarter and the full calendar year 2024 are summarized below. All balances are reflected in U.S. Dollars.
The INX Digital Company INC | November 14, 2024
TORONTO, Nov. 14, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced its financial results for Q3 2024.
The financial performance for the third quarter is outlined below, reflecting the company's ongoing commitment to a solid and unleveraged financial structure, strategic growth, and innovation in the on-chain Real World Assets (RWA) market. All balances are in U.S. Dollars.
TORONTO and ZUG, Switzerland, Oct. 1, 2024 /CNW/ - The INX Digital Company, Inc. (CBOE CA: INXD) (OTCQB: INXDF) (INXATS: INX) ("INX"), a regulated marketplace for trading security tokens and tokenized real-world assets, announces the listing of Aktionariat's tokenized shares, DAKS, on the INX platform. This listing brings Aktionariat's Ethereum-based DAKS shares, issued under Switzerland's Distributed Ledger Technology (DLT) Act, to a global audience. This development provides a pathway for pre-IPO companies to list their tokenized equity efficiently, reducing traditional IPO costs significantly.
TORONTO and ZUG, Switzerland, Sept. 23, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), the regulated marketplace for trading security tokens and tokenized real-world assets, and Backed, a pioneer in real-world asset tokenization, today announced the listing of additional tokenized stocks on the INX platform for eligible users (excluding North American users). Following the successful launch of tokenized Nvidia, INX and Backed are now expanding their offerings with the listing of tokenized Tesla (bTSLA), Microsoft (bMSFT), Google (bGOOGL), and Gamestop (bGME) stocks. Apple (bAAPL), as well as tokenized S&P 500 (bCSPX) and Blackrock's iShares Treasury (bIB01) ETFs will follow and list shortly after in the coming month. These assets, created under EU securities laws, and tokenized on the Polygon Proof of Stake (PoS) network, are backed one-to-one by their corresponding underlying stocks, with the blockchain ledger conveying ownership.
NEW YORK and TORONTO, Sept. 16, 2024 /CNW/ -The INX Digital Company, Inc. (CBOE: INXD) (INXATS: INX) (OTCQB: INXDF) ("INX" or the "Company"), the owner of digital asset trading platforms, is pleased to announce that it intends to renew its normal course issuer bid (the "NCIB") program to repurchase common shares of the Company ("Common Shares").
Pursuant to the NCIB, which has been accepted by CBOE Canada ("CBOE"), the Company may purchase up to a maximum of 15,185,615 Common Shares, representing approximately 10% of the public float of its Common Shares as of August 30, 2024, provided that the aggregate purchase price for any Common Shares acquired under the NCIB, and the aggregate purchase price for any tokens of INX Limited ("INX Tokens") acquired under its previously disclosed token repurchase program must not exceed US$5 million.
Strategic Transaction Enhances INX's Focus on Digital Asset Innovation
TORONTO, Aug. 30, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), is pleased to announce the sale of I.L.S. Brokers Ltd. ("ILSB"), an indirect wholly-owned subsidiary of INX, to an arm's length UK-based global financial services firm, for a total amount of US$4M – US$5M (the "Transaction"). The Transaction is expected to close on or about November 30, 2024. This strategic decision aligns with INX's ongoing commitment to focusing on its Real-World Assets trading platform and expanding its leadership in the digital asset ecosystem.
TORONTO, Aug. 12, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced its financial results for Q2 2024.
The financial performance for the second quarter is outlined below, reflecting the company's ongoing commitment to a solid and unleveraged financial structure, strategic growth, and innovation in the on-chain real world assets (RWA) market. All balances are in U.S. Dollars.
As collaboration expands, the companies announce upcoming milestones of integrating Republic Wallet and listing Republic Note on INX's Secondary Market platform
TORONTO, Nov. 8, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent, and Republic ("Republic"), a global financial firm operating a digital merchant bank and a network of investment platforms have announced the strengthening of their business collaboration and an extension of the deadline for finalizing the potential acquisition agreement of INX by Republic, to February 15, 2024.
TORONTO, Sept. 20, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent, announced today the upcoming listing of the Unicoin security token on INX's fully-regulated trading platform for crypto and tokenized assets.
Launched by the producers of Unicorn Hunters, asset-backed Unicoin offers holders inherent value by being supported by a fast-growing portfolio of real estate and equity positions in high-growth companies.
TORONTO, Sept. 20, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent, announced today the upcoming listing of the Unicoin security token on INX's fully-regulated trading platform for crypto and tokenized assets.
Launched by the producers of Unicorn Hunters, asset-backed Unicoin offers holders inherent value by being supported by a fast-growing portfolio of real estate and equity positions in high-growth companies.
NEW YORK, Aug. 23, 2023 /PRNewswire/ -- INX Limited (NEO: INXD, INXATS: INX, OTCQB: INXDF), a broker-dealer and inter-dealer broker, today announced the calculation of its cumulative Adjusted Operating Cash Flow as of June 30, 2023 and the pro rata portion of the Distributable Amount per INX Token.
(U.S. Dollars in thousands except for the number of INX Tokens)
Cumulative Adjusted Operating Cash Flow as of December 31, 2022
(56,679)
Less: Net cash used in operating activities in the six months ended June 30, 2023
(6,597)
Plus: Proceeds from sale of INX Tokens during the six months ended June 30, 2023
-
Less: Proceeds from initial sale of INX Tokens during the six months ended June 30, 2023
-
Cumulative Adjusted Operating Cash Flow as of June 30, 2023
(63,276)
Distributable Amount
0
Outstanding INX Tokens (as of August 21, 2023)
136,284,318
Indicative Pro Rata Portion of the Distributable Amount per INX Token
0
NEW YORK, Aug. 22, 2023 /PRNewswire/ -- INX Limited (NEO: INXD, INXATS: INX, OTCQB: INXDF), a broker-dealer and inter-dealer broker, today announced the calculation of its cumulative Adjusted Operating Cash Flow as of June 30, 2023 and the pro rata portion of the Distributable Amount per INX Token.
(U.S. Dollars in thousands except for the number of INX Tokens)
Cumulative Adjusted Operating Cash Flow as of December 31, 2022
(56,679)
Less: Net cash used in operating activities in the six months ended June 30, 2023
(6,597)
Plus: Proceeds from sale of INX Tokens during the six months ended June 30, 2023
-
Less: Proceeds from initial sale of INX Tokens during the six months ended June 30, 2023
-
Cumulative Adjusted Operating Cash Flow as of June 30, 2023
(63,276)
Distributable Amount
0
Outstanding INX Tokens (as of August 21, 2023)
136,284,318
Indicative Pro Rata Portion of the Distributable Amount per INX Token
0
NEW YORK, Aug. 22, 2023 /PRNewswire/ -- INX Limited (NEO: INXD, INXATS: INX, OTCQB: INXDF), a broker-dealer and inter-dealer broker, today announced the calculation of its cumulative Adjusted Operating Cash Flow as of June 30, 2023 and the pro rata portion of the Distributable Amount per INX Token.
(U.S. Dollars in thousands except for the number of INX Tokens)
Cumulative Adjusted Operating Cash Flow as of December 31, 2022
(56,679)
Less: Net cash used in operating activities in the six months ended June 30, 2023
(6,597)
Plus: Proceeds from sale of INX Tokens during the six months ended June 30, 2023
-
Less: Proceeds from initial sale of INX Tokens during the six months ended June 30, 2023
-
Cumulative Adjusted Operating Cash Flow as of June 30, 2023
(63,276)
Distributable Amount
0
Outstanding INX Tokens (as of August 21, 2023)
136,284,318
Indicative Pro Rata Portion of the Distributable Amount per INX Token
0
NEW YORK, Aug. 22, 2023 /PRNewswire/ -- INX Limited (NEO: INXD, INXATS: INX, OTCQB: INXDF), a broker-dealer and inter-dealer broker, today announced the calculation of its cumulative Adjusted Operating Cash Flow as of June 30, 2023 and the pro rata portion of the Distributable Amount per INX Token.
(U.S. Dollars in thousands except for the number of INX Tokens)
Cumulative Adjusted Operating Cash Flow as of December 31, 2022
(56,679)
Less: Net cash used in operating activities in the six months ended June 30, 2023
(6,597)
Plus: Proceeds from sale of INX Tokens during the six months ended June 30, 2023
-
Less: Proceeds from initial sale of INX Tokens during the six months ended June 30, 2023
-
Cumulative Adjusted Operating Cash Flow as of June 30, 2023
(63,276)
Distributable Amount
0
Outstanding INX Tokens (as of August 21, 2023)
136,284,318
Indicative Pro Rata Portion of the Distributable Amount per INX Token
0
NEW YORK, Aug. 22, 2023 /CNW/ -- INX Limited (NEO: INXD, INXATS: INX, OTCQB: INXDF), a broker-dealer and inter-dealer broker, today announced the calculation of its cumulative Adjusted Operating Cash Flow as of June 30, 2023 and the pro rata portion of the Distributable Amount per INX Token.
(U.S. Dollars in thousands except for the number of INX Tokens)
Cumulative Adjusted Operating Cash Flow as of December 31, 2022
(56,679)
Less: Net cash used in operating activities in the six months ended June 30, 2023
(6,597)
Plus: Proceeds from sale of INX Tokens during the six months ended June 30, 2023
-
Less: Proceeds from initial sale of INX Tokens during the six months ended June 30, 2023
-
Cumulative Adjusted Operating Cash Flow as of June 30, 2023
(63,276)
Distributable Amount
0
Outstanding INX Tokens (as of August 21, 2023)
136,284,318
Indicative Pro Rata Portion of the Distributable Amount per INX Token
0
INX and Republic Double Down on Commitment to Transform Global Digital Asset Space
TORONTO, Aug. 18, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent (via its wholly owned subsidiaries), announced today the successful closing of the initial investment by OpenDeal Inc. (dba Republic) ("Republic"), pursuant to the Subscription Agreement between INX and Republic dated June 15, 2023. Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has officially acquired 9.5% of INX's issued and outstanding shares with a US$5.25 million investment which will be paid to INX in combination of cash and Preferred B Shares of Republic, reflecting a pre-money valuation for INX of approximately US$50 million.
INX and Republic Double Down on Commitment to Transform Global Digital Asset Space
TORONTO, Aug. 18, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent (via its wholly owned subsidiaries), announced today the successful closing of the initial investment by OpenDeal Inc. (dba Republic) ("Republic"), pursuant to the Subscription Agreement between INX and Republic dated June 15, 2023. Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has officially acquired 9.5% of INX's issued and outstanding shares with a US$5.25 million investment which will be paid to INX in combination of cash and Preferred B Shares of Republic, reflecting a pre-money valuation for INX of approximately US$50 million.
INX and Republic Double Down on Commitment to Transform Global Digital Asset Space
TORONTO, Aug. 18, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a US-regulated broker-dealer, ATS, and transfer agent (via its wholly owned subsidiaries), announced today the successful closing of the initial investment by OpenDeal Inc. (dba Republic) ("Republic"), pursuant to the Subscription Agreement between INX and Republic dated June 15, 2023. Republic, a global financial firm operating a digital merchant bank and a network of investment platforms, has officially acquired 9.5% of INX's issued and outstanding shares with a US$5.25 million investment which will be paid to INX in combination of cash and Preferred B Shares of Republic, reflecting a pre-money valuation for INX of approximately US$50 million.
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