NSX Says 18.3% Shareholder to Back Canadian Buyout Offer

MT Newswires Live

2025/06/11

NSX (ASX:NSX) said that FinTech HQ, which holds an 18.3% stake in the company, indicated its intention to vote in favor of a proposed buyout by Canada's CNSX Markets in the absence of a superior proposal, according to a Tuesday filing with the Australian bourse.

On May 19, the company signed a scheme implementation deed with CNSX to acquire all of the shares in NSX that CNSX does not already own through a scheme of arrangement.

FinTech HQ has confirmed it will not withdraw or modify its support.

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