Banxa Sets Final Court Hearing Date for OSL Group Deal Approval

Reuters

2025/10/28

Banxa Sets Final Court Hearing Date for OSL Group Deal Approval

Banxa Holdings Inc. provided an update on its previously announced arrangement with OSL Group Limited and OSL BNXA Acquisition Inc. The final court hearing to approve the transaction is scheduled for November 6, 2025, in Vancouver. OSL Group has already received approval for the deal at its Extraordinary General Meeting on October 22, 2025. As of now, change of control approval for money-transmitter licenses has been obtained in 26 out of 37 designated U.S. states. OSL Group has also submitted its change of control application to the Dutch financial regulator and is responding to questions from the UK Financial Conduct Authority. Completion of the transaction remains subject to certain outstanding regulatory approvals and other closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banxa Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 272105) on October 27, 2025, and is solely responsible for the information contained therein.

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The final court hearing to approve the transaction is scheduled for November 6, 2025, in Vancouver. OSL Group has already received approval for the deal at its Extraordinary General Meeting on October 22, 2025. As of now, change of control approval for money-transmitter licenses has been obtained in 26 out of 37 designated U.S. states. OSL Group has also submitted its change of control application to the Dutch financial regulator and is responding to questions from the UK Financial Conduct Authority. Completion of the transaction remains subject to certain outstanding regulatory approvals and other closing conditions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banxa Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 272105) on October 27, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1612","symbol_name":"加密货币概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251027:nNDL4FnhVT:1","article_id":"2578678727","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578678727","pubTimestamp":1761595638,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Banxa Holdings Inc. provided an update on its previously announced arrangement with OSL Group Limited and OSL BNXA Acquisition Inc. 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As of now, change of control approval for money-transmitter licenses has been obtained in 26 out of 37 designated U.S. states. OSL Group has also submitted its change of control application to the Dutch financial regulator and is responding to questions from the UK Financial Conduct Authority. Completion of the transaction remains subject to certain outstanding regulatory approvals and other closing conditions.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banxa Holdings Inc. published the original content used to generate this news brief via Newsfile (Ref. 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