공시 • Apr 15
The INX Digital Company, Inc., Annual General Meeting, Jun 19, 2025 The INX Digital Company, Inc., Annual General Meeting, Jun 19, 2025. 공시 • Apr 04
OpenDeal Inc. entered into an arrangement agreement to acquire remaining 90.5% stake in The INX Digital Company, Inc. (NEOE:INXD) from Shy Datika for $54.8 million. OpenDeal Inc. entered into an arrangement agreement to acquire remaining 90.5% stake in The INX Digital Company, Inc. (NEOE:INXD) from Shy Datika for $54.8 million on April 3, 2025. As part of the consideration, $18.8 million in consideration will be provided to the Rollover Shareholders, and fixed consideration of $36 million will be paid by OpenDeal Inc to the non-Rollover Shareholders. With respect to the consideration to be provided to the non-Rollover Shareholders, $20 million will be paid by OpenDeal Inc in cash upon completion of the Arrangement and $16 million will be paid by OpenDeal Inc 18 months following the Escrow Deposit Date pursuant to the terms of a contingent value rights agreement. The combined cash and CVR consideration payable to the non-Rollover Shareholders under the Arrangement will be between $0.19 and $0.24 per Share (assuming full payment of the CVRs) and will depend on the number of total Rollover Shares. If the Rollover Share Limit is not achieved, the consideration to be provided to the Rollover Shareholders with respect to their Rollover Shares will be reduced pro rata with the consideration to be provided to the non-Rollover Shareholders. Upon completion, OpenDeal Inc. will own 100% stake in The INX Digital Company, Inc. In case of termination of transaction, OpenDeal Inc. will pay a termination fee of $10 million and The INX Digital Company, Inc will pay a termination fee of $10 million.
The transaction will be completed pursuant to a court-approved plan of arrangement under section 288 of the Business Corporations Act (British Columbia) and is subject to satisfaction of certain closing conditions, including court approval, the approval of the shareholders of The INX Digital Company, Inc, and certain regulatory approvals. The Board of Directors of The INX Digital Company, Inc. formed a special committee for the transaction. The deal has been unanimously approved by the board of directors of The INX Digital Company, Inc.
Origin Merchant Partners acted as financial advisor to The INX Digital Company, Inc. Origin Merchant Partners acted as fairness opinion provider to The INX Digital Company, Inc. 공시 • Sep 17
The INX Digital Company, Inc. (NEOE:INXD) announces an Equity Buyback for 15,185,615 shares. The INX Digital Company, Inc. (NEOE:INXD) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 15,185,615 common shares provided that the aggregate purchase price for any Common Shares acquired under the NCIB and for any tokens of INX Limited (“INX Tokens”) acquired under its previously disclosed token repurchase program must not exceed $5 million. Any common shares purchased under the program will be cancelled. The program will expire earlier of September 18, 2025, and such earlier date on which the maximum number of common shares are purchased under the
program. 공시 • Aug 30
An undisclosed buyer agreed to acquire I.L.S. Brokers Ltd. from The INX Digital Company, Inc. (NEOE:INXD) for $5 million. An undisclosed buyer agreed to acquire I.L.S. Brokers Ltd. from The INX Digital Company, Inc. (NEOE:INXD) for $5 million on August 30, 2024. The transaction consideration will be between $4M – $5M. The proceeds from this sale will be directed towards furthering INX's mission to expand the Real-World Assets trading platform. The Transaction is expected to close on or about November 30, 2024. 공시 • Jun 13
The INX Digital Company, Inc. Appoints Michael Moro as Chief Strategy Officer The INX Digital Company, Inc. announced that the former CEO of Ankex and Genesis will join the team as Chief Strategy Officer starting June 10th. Michael Moro brings a wealth of experience and strategic insight. Reflecting his recognition of INX's innovative structure and offerings, his new role will include designing and implementing an actionable strategic plan and leading the business development and growth. Leveraging the company's pioneering structure in regulated digital asset trading and primary offerings, he aims to optimize an expedited expansion of the democratization of finance, creating new avenues for tokenization in digital finance and providing impactful solutions to a global audience. Moro is a Georgetown University graduate. He began his career on Wall Street in Citi's Investment Banking Division. In addition to his roles as CEO at Ankex (a non-custodial crypto derivatives exchange) and Genesis (an institutional crypto prime brokerage), he has sat on the Oversight Committee for the CME CF Cryptocurrency Pricing Products since its inception. 공시 • May 08
The INX Digital Company, Inc. Announces Chief Financial Officer Changes The INX Digital Company, Inc. announced that, in a mutually agreed decision, Chief Financial Officer (CFO) Ms. Renata Szkoda will be leaving the company effective May 31, 2024. Assuming this position will be Ms. Naama Falach, who brings with her over three years of invaluable experience as the company's VP Global Finance. Ms. Falach brings a wealth of experience and knowledge to the role of CFO, having been an integral part of INX's finance team for the past three years. The Board of Directors has expressed confidence in Ms. Falach's ability to lead the company's financial operations and contribute to its strategic growth. This transition reflects the company's ongoing evolution as it strives to enhance and secure its cash positions while maximizing efficiency to support its rapid future growth. 공시 • Apr 20
The INX Digital Company, Inc., Annual General Meeting, Jun 27, 2024 The INX Digital Company, Inc., Annual General Meeting, Jun 27, 2024. 공시 • Aug 10
The INX Digital Company, Inc. (NEOE:INXD) announces an Equity Buyback for 12,713,823 shares. The INX Digital Company, Inc. (NEOE:INXD) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 12,713,823 common shares provided that the aggregate purchase price for any Common Shares acquired under the NCIB and for any tokens of INX Limited (“INX Tokens”) acquired under its previously disclosed token repurchase program must not exceed $5 million. Any common shares purchased under the program will be cancelled. The program will expire earlier of August 10, 2024, and such earlier date on which the maximum number of common shares are purchased under the
program. New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings are forecast to decline by an average of 89% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Market cap is less than US$100m (US$23.5m market cap). 공시 • May 19
The INX Digital Company, Inc., Annual General Meeting, Jun 30, 2023 The INX Digital Company, Inc., Annual General Meeting, Jun 30, 2023. 공시 • May 11
The Inx Digital Company, Inc Announces Executive Changes The INX Digital Company, Inc. announced that Alexandra Damsker and Ralph Daiuto have joined its Advisory Board of Directors. The two seasoned executives bring a wealth of experience and knowledge to the company as it continues its growth trajectory in the digital economy.Alexandra Damsker is an experienced corporate and securities attorney, public speaker and runs the token-agnostic blockchain education podcast Crypto | Immersion. Formerly with the US Securities and Exchange Commission (SEC) andinternational firm Mayer Brown, she is also a two-time founder. Mrs. Damsker has been in the blockchain space since 2016, currently serving as legal, operations, and strategic advisor to several companies, family offices, and high net- worth individuals regarding a variety of blockchain and Web3 fields.Ralph Daiuto is an accomplished attorney and entrepreneur with over 30 years of experience in the securities and fintech industries. He is currently the CEO of RAD Partners, LLC, a boutique consulting firm specializing in legal, compliance, and regulatory matters. Daiuto is also a seasoned executive with a track record of success in building and growing businesses. His experience with digital assets and blockchain-related technologies includes his work as COO and General Counsel for tZero Group, Inc. and founding Director of BSTX, the first SEC-regulated Securities Exchange Facility leveraging private blockchain technologies. Daiuto is a current Member of the Private Securities Executive Advisory Board of DTCC and a former member of both the FINRA FinTech Industry Committee and the Leadership Committee of the Chamber of Digital Commerce'sToken Alliance. 공시 • Jan 04
The INX Digital Company, Inc. Announces Resignation of Douglas Borthwick as Chief Business Officer On November 22, 2022, Douglas Borthwick provided notice of his intent to resign from his position as Chief Business Officer of INX Limited effective December 31, 2022. Mr. Borthwick’s responsibilities will be assumed by Itai Avneri, the Company’s Chief Operating Officer. Mr. Borthwick’s resignation was not the result of any dispute or disagreement with the Company or its Board of Directors on any matter relating to the Company’s operations, policies or practices. The Company greatly appreciates Mr. Borthwick’s service and thanks him for his contributions to the Company. Following his resignation, effective as of January 1, 2023, Mr. Borthwick will serve as a member of the Company’s Advisory Board. Pursuant to an invitation letter to serve as a member of the advisory board signed between the Company and Mr. Borthwick, Mr. Borthwick will receive 500 INX Tokens for each month of service, during the 12-month term of the Letter.