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Urbana Corporation Congratulates Canadian Securities Exchange's Parent Company on Completing the Acquisition of National Stock Exchange of Australia
/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, Oct. 2...
About this update from Urbana Corporation
[{"type":"text","content":"Urbana Corporation Congratulates Canadian Securities Exchange’s Parent Company on Completing the Acquisition of National Stock Exchange of Australia\n\n\n\n /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./\n \n\n TORONTO, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Urbana Corporation (“Urbana”) (TSX and CSE: URB, URB.A), is excited to announce that the Canadian Securities Exchange’s (“CSE”) parent company, CNSX Global Markets Inc. (“CNSX” Group”), one of Urbana’s Investee companies, has completed the acquisition of NSX Limited (“NSX”), the parent company of the National Stock Exchange of Australia (“NSXA’), for an all-cash consideration of AUD$0.04 per fully paid ordinary share (the “Transaction”).\n \n\n The closing, pursuant to a Scheme of Arrangement, follows the satisfaction of all necessary conditions, including approval of NSX shareholders, finalization of funding and the receipt of regulatory and court approvals. NSX shareholders overwhelmingly supported the Transaction, with 94.78% of votes in favour.\n \n\n The CNSX Group and NSXA are taking immediate steps to strengthen the NSXA’s competitive position in Australia and build a dynamic exchange alternative tailored to the needs of early-stage companies in Australia and beyond.\n \n\n Currently, Urbana is the largest shareholder in the CSE with an ownership interest of approximately 53.37%.\n \n\n “This is a landmark day in the history of the Canadian Securities Exchange, the National Stock Exchange of Australia, and the entire global marketplace for emerging companies,” said Richard Carleton, CEO of the CSE. “With this acquisition, the NSXA is positioned to replicate the CSE’s success in Canada and provide Australia with a public market platform that better meets the capital formation and liquidity needs of entrepreneurial firms. We are confident that the NSXA is on the cusp of significant growth in corporate listings, to the great benefit of emerging companies and to Australia’s investment community.”\n \n\n For CSE’s announcement, please click here:\n \n https://thecse.com/news/canadian-securities-exchanges-parent-company-completes-acquisition-of-national-stock-exchange-of-australia/\n...