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The INX Digital Company, Inc. completes go public transaction

Fasken
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Overview

Client

INX Limited

On January 10, 2022, Valdy Investments Ltd. acquired all of the issued and outstanding securities of INX Limited (“INX”) from the securityholders of INX by way of a securities exchange. In connection with its go public transaction, INX completed a concurrent financing that raised gross proceeds of C$39,600,000.

On January 24, 2022, the shares of the The INX Digital Company began trading on the Neo Exchange under the symbol “INXD”.

INX owns regulated trading platforms for digital securities and cryptocurrencies, combining traditional markets expertise and an innovative fintech approach. INX's vision is to be the preferred global regulated hub for digital assets on the blockchain.

Fasken acted as legal counsel to INX in connection with its go public transaction and concurrent financing with a team comprised of Bradley Freelan, Daniel Fuke, Jordana Keslassy and Nazish Mirza.

Jurisdictions

  • Ontario
  • British Columbia

Team

  • Bradley A. Freelan, Partner, Toronto, ON, +1 416 865 4423, bfreelan@fasken.com
  • Daniel Fuke, Partner, Toronto, ON, +1 416 865 4436, dfuke@fasken.com
  • Nazish Mirza, Associate, Toronto, ON, +1 416 865 4553, nmirza@fasken.com