Banxa Hldgs Stock Price, News & Analysis

Banxa Holdings (OTC: BNXAF) announced the Supreme Court of British Columbia hearing to approve its plan of arrangement with OSL Group and OSL BNXA Acquisition Inc. has been adjourned. The hearing is rescheduled to November 20, 2025 at 9:45 a.m. (Vancouver time) at the courthouse located at 800 Smithe Street, Vancouver, British Columbia.

The company and OSL continue to pursue certain outstanding required regulatory approvals and will await the new hearing date while those approvals remain pending.

Banxa Holdings (OTC: BNXAF) provided several transaction and financing updates on October 27, 2025. A Supreme Court of British Columbia hearing to seek final approval of the plan of arrangement with OSL Group is scheduled for November 6, 2025 at 9:45 a.m. (Vancouver). OSL shareholders approved the Arrangement at an October 22, 2025 EGM.

Material regulatory progress includes change-of-control approval in 26 of 37 U.S. states, a submission to De Nederlandsche Bank, and initial FCA questions. Banxa filed its FY25 audited financial results on SEDAR+. The company amended a promissory note to allow an additional US$5.5M advance in instalments and extended maturity to October 17, 2026.

Banxa (OTC: BNXAF) secured a Markets in Crypto Assets (MiCA) licence in the Netherlands, enabling operation as a regulated crypto-asset service provider across the European Union and expanding its regulatory footprint.

The company reports progress on a previously announced going-private Arrangement in which OSL will acquire all shares for C$1.55 per share. Banxa has received change-of-control approvals for money-transmitter licences in 26 of 37 US states, expects remaining US approvals by Oct 31, 2025, submitted FCA notifications with a decision expected by Oct 28, 2025, and notes the Purchaser will file a DNB declaration of no objection. Final court approval follows the Purchaser shareholder EGM on Oct 22, 2025.

Banxa Holdings (OTCQX:BNXAF) has provided an update on its pending arrangement with OSL Group Limited. The company has made significant progress in obtaining required regulatory approvals, including: change of control approval for money-transmitter licenses in 17 out of 37 U.S. states, a declaration of no objection from the Netherlands De Nederlandsche Bank, and submitted notifications to the UK's Financial Conduct Authority.

The final order hearing for the arrangement approval has been adjourned from September 2, 2025, by the Supreme Court of British Columbia to allow more time for obtaining remaining regulatory approvals. The completion remains subject to conditions outlined in the June 27, 2025 arrangement agreement.

Banxa Holdings (OTCQX: BNXAF), a leading crypto payment infrastructure provider, announced that securityholders have overwhelmingly approved the previously announced plan of arrangement with OSL Group Limited. Under the arrangement, OSL BNXA Acquisition Inc. will acquire all outstanding Banxa shares for C$1.55 per share.

The arrangement resolution received strong support with 98.33% approval, representing 25,786,627 votes in favor out of 26,772,184 total votes cast. Shareholders also approved all other annual general business items, including director elections and auditor appointments. The transaction completion is expected in Q4 2025 or Q1 2026, subject to final regulatory approvals and closing conditions.

Banxa Holdings (OTC:BNXAF) has announced the mailing of meeting materials for its upcoming annual general and special meeting scheduled for August 28, 2025. The key focus is a vote on the previously announced acquisition by OSL Group Limited and OSL BNXA Acquisition Inc., where shareholders will receive C$1.55 per share in cash.

The company has received an interim order from the British Columbia Supreme Court for the meeting arrangements. The Board has unanimously recommended shareholders vote FOR the arrangement, citing it as being in the best interests of the company and fair to shareholders. The meeting will also address annual business matters for fiscal years 2023 and 2024.

Banxa Holdings (BNXAF) reported challenging Q3 FY2025 financial results with significant declines across key metrics. Total Transaction Volume fell 28% to AUD $194M (USD $125M) due to increased competition and limited exposure to Solana-based memecoins. Gross Profit decreased 32% to AUD $5.5M (USD $3.6M), while Net Take Rate dropped to 2.0% from 2.9%. The company posted an Adjusted EBITDA loss of AUD $2.8M (USD $1.8M), compared to a profit of AUD $1.3M in the previous year. Cash, Trade Receivables, and Crypto Inventories stood at AUD $11.5M (USD $7.4M), down from AUD $13.5M. The decline in performance was attributed to inventory devaluation during volatile crypto markets and reduced user trading activity in an uncertain macro environment.

Banxa Holdings, a leading crypto payment infrastructure provider, has secured a US$5.0 million loan through a secured promissory note. The loan structure includes:

• Initial advance of US$2.0 million
• Three monthly tranches of US$1.0 million each
• 6-month maturity period
• 10% annual interest rate

The loan, obtained from an arm's length third party, will be used for working capital and general corporate purposes. The promissory note is secured by the company's assets and is not convertible into company securities. Interest payments will be made in arrears along with the principal at maturity.

Banxa Holdings Inc. (TSXV: BNXA) (OTC: BNXAF), a leading infrastructure provider for embedded crypto payment platforms, has received an unsolicited acquisition proposal from an investor group led by Mr. Khurram Shroff. The non-binding proposal aims to acquire 100% of Banxa's outstanding shares at a price range of C$1.00 to C$2.00 per share.

The company's board of directors is currently reviewing the proposal with legal and financial advisors to determine the best course of action for the company and its shareholders. While evaluating various strategic and financial options, Banxa emphasizes that there is no guarantee of a definitive agreement being reached.