Latest National Stock Exchange Of Australia (ASX:NSX) News

NSX Limited has been fully acquired by a Canadian entity, leading to the suspension and imminent delisting of its shares from the ASX. A new non-executive director has been nominated as part of the transition.

NSX Limited’s shares have been suspended from trading following Federal Court approval of its acquisition by an Ontario-based entity linked to CNSX Markets Inc. This marks a significant shift in ownership for the Australian stock exchange operator.

NSX Limited confirms the legal effectiveness of its acquisition by a Canadian entity, with trading suspended and shareholder payments scheduled.

The Federal Court of Australia has approved the acquisition of NSX Limited by a related entity of the Canadian Securities Exchange operator, setting the stage for NSX’s delisting from the ASX later this month.

NSX Limited shareholders have overwhelmingly approved a scheme of arrangement for acquisition by a CNSX Markets-related entity, setting the stage for a significant market transition pending court approval.

NSX Limited shareholders overwhelmingly approved a scheme of arrangement for acquisition by 1001290557 Ontario Inc., a related entity of the Canadian Stock Exchange operator CNSX Markets Inc. The deal, valued at four cents per fully paid share, now awaits Federal Court approval to proceed.

NSX Limited has dispatched the Scheme Booklet to shareholders detailing the proposed acquisition by a CNSX-related entity, with a hybrid Scheme Meeting scheduled for 10 October 2025.

NSX Limited shareholders will decide on a recommended acquisition scheme offering $0.04 cash per fully paid share, representing a substantial premium. The Board and an independent expert endorse the deal, which would see NSX delisted and become a CNSX subsidiary.

The Federal Court of Australia has authorised NSX Limited to hold a shareholder meeting to vote on the proposed acquisition by CNSX Markets’ related entity. The detailed Scheme Booklet, including an Independent Expert's Report, is now available to guide investor decisions.

NSX Limited reported a 5.1% rise in revenue to $1.55 million for FY2025, yet its net loss edged up slightly to $4.15 million amid a significant joint venture divestment and ongoing financial uncertainties.

NSX Limited has updated its Scheme Implementation Deed with CNSX Markets Inc., extending the shareholder approval deadline and allowing greater flexibility in acquisition structuring.

FinTech HQ Pty Ltd, the second largest shareholder in NSX Limited, has declared its intention to support the proposed acquisition by the Canadian Securities Exchange, pending no better offers emerge.