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INX DIGITAL CO INC - INXDF STOCK NEWS

Welcome to our dedicated news page for INX DIGITAL CO (Ticker: INXDF), a resource for investors and traders seeking the latest updates and insights on INX DIGITAL CO.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect INX DIGITAL CO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of INX DIGITAL CO's position in the market.

Rhea-AI Summary
INX extends negotiating period with Republic towards acquisition, renewing collaboration agreement for an additional year. The companies aim to democratize finance and integrate Republic's user base into the INX platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.43%
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Rhea-AI Summary
INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF, INXATS: INX) announced a cyberattack on a third-party vendor resulted in a loss of approximately $1.6 million. Customer accounts and security were not compromised, and the company has a $36,023,000 Reserve Fund to cover any losses from cybersecurity breaches or theft.
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End-of-Day
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Rhea-AI Summary
The INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) CEO Shy Datika has acquired 12,500 common shares at CAD$0.185 per share, bringing his total ownership to 40,567,179 shares, representing approximately 17.45% of the issued and outstanding Common Shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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Rhea-AI Summary
INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF, INXATS: INX) announced their quarterly financial results as of September 30, 2023. The company reported a strong balance sheet with operating cash and cash equivalents of $12.8M, additional investments of $9.4M, and a working capital of $22.7M. Q3 2023 total revenue was $1.3M, with a net loss from operations of $4.7M. Notable milestones include INX's focus on security tokens and a strategic partnership with Republic, aiming to expand tokenization infrastructure and access to digital assets globally.
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End-of-Day
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INX Digital Company, Inc. (NEO: INXD, INXATS: INX, OTCQB: INXDF) and Republic extend collaboration, with plans to integrate Republic Wallet and list Republic Note on INX's Secondary Market. The deadline for finalizing the potential acquisition agreement of INX by Republic has been extended to February 15, 2024. Both companies are committed to the proposed transaction, with plans to launch the integration and listing by December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
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Rhea-AI Summary
INX to list Unicoin security token on its regulated trading platform for crypto and tokenized assets, backed by real estate and equity positions in high-growth companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
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none
Rhea-AI Summary
INX and SICPA announce the launch of joint venture Nabatech to aid governments and central banks in constructing sovereign digital assets ecosystems. The initiative combines DLT infrastructure and digital identity technologies for CBDC requirements. INX aims to champion the evolution of the global digital economy with SICPA's expertise. INX is a pioneer in tokenization and offers a regulated trading platform for digital assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.07%
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Rhea-AI Summary
INX and Republic announce successful closing of initial investment, with Republic acquiring 9.5% of INX's shares for US$5.25 million. Collaboration aims to reshape global financial landscape and democratize digital finance. Prospective term sheet for Republic to purchase all issued shares of INX for up to US$120 million. INX engages Weild Capital as financial advisor.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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partnership
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.76%
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buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
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INX DIGITAL CO INC

OTC:INXDF

INXDF Rankings

INXDF Stock Data

28.39M
159.34M
17.54%
14.77%
Software - Application
Technology
Link
United States of America
Herzliya