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NSX Limited (ASX:NSX)

ALERT: Price-sensitive ASX Announcement for NSX
Current share price for NSX : $0.040 0.001 (1.28%)+
Announcement
Release
9 Sep 2025 6:30PM
Price at Release
$0.039
Full Release
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Summary
NSX Limited announced that the Federal Court of Australia has approved the convening of a Scheme Meeting as part of a proposed Scheme of Arrangement in which 1001290557 Ontario Inc. would acquire all remaining shares of NSX Limited. The court also approved the distribution of a Scheme Booklet, which includes an Independent Expert's Report, to NSX shareholders. The booklet is registered with the Australian Securities and Investments Commission and will be accessible on the NSX website. This development was communicated in a market announcement authorised by the Company Secretary.
Key Points
  • NSX Limited's proposed Scheme of Arrangement involves 1001290557 Ontario Inc. acquiring all remaining shares of NSX.
  • The Federal Court of Australia approved NSX to hold a Scheme Meeting for shareholder voting on the Scheme.
  • An explanatory Scheme Booklet will be distributed to shareholders, including an Independent Expert's Report.
  • The Scheme Booklet is registered with the Australian Securities and Investments Commission and will be available on the NSX website.
  • The announcement was authorised by the Company Secretary of NSX Limited.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.