INX Agrees to Extend Negotiating Period for Potential Acquisition Deal with Republic Committed to its aligned vision and collaboration with Republic, INX has approved a three-month extension of the negotiating period towards an acquisition of INX by...INX LTD • February 15th, 2024 • Finance services
TORONTO, Feb 15, 2024, -- The INX Digital Company, Inc. (Cboe CA: INXD, INXATS: INX, OTCQB: INXDF) (“INX”), a U.S.-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 a three-month extension, to May 15, 2024, of the period during which the parties have agreed to negotiate in good faith towards acquisition of INX by Republic, as previously disclosed on June 19, 2023 and November 8, 2023. The companies are also renewing their collaboration agreement for an additional year. The companies mutually agreed to the extension as Republic continues in the process of completing its capital raise round.
