OSL GROUP plans to acquire all shares of Banxa
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OSL GROUP plans to acquire all shares of Banxa through its wholly-owned subsidiary OSL BNXA Acquisition Inc., with the transaction expected to be completed on June 27, 2025. The maximum cost of this acquisition is approximately CAD 85.2 million, covering the expenses of Banxa's stock option and warrant holders. Banxa is an infrastructure provider registered in Canada and listed on the Toronto Stock Exchange, focusing on the integration and trading of cryptocurrencies. This acquisition aligns with OSL GROUP's global expansion strategy in the digital asset industry
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