Urbana Corporation Congratulates Canadian Securities Exchange’s Parent Company on Completing the Acquisition of National Stock Exchange of Australia

Core Insights - Urbana Corporation's investee company, CNSX Global Markets Inc., has successfully acquired NSX Limited, the parent company of the National Stock Exchange of Australia, for an all-cash consideration of AUD$0.04 per fully paid ordinary share [1][2] Company Overview - Urbana Corporation is a diversified entity focusing on financial services, information services, and innovative technologies, aiming for income and capital appreciation through public and private investments [5] - The Canadian Securities Exchange (CSE) is a rapidly growing exchange that supports entrepreneurs and innovators in accessing public capital markets, characterized by an efficient operating model and competitive fee structure [6][7] Acquisition Details - The acquisition of NSX Limited was completed following the approval of NSX shareholders, with 94.78% voting in favor, and the fulfillment of regulatory and court approvals [2] - The CNSX Group and NSXA are taking immediate actions to enhance NSXA's competitive position in Australia, aiming to create a market platform that meets the needs of early-stage companies [3][4] Strategic Implications - The CEO of CSE, Richard Carleton, emphasized that this acquisition positions NSXA to replicate CSE's success in Canada, potentially leading to significant growth in corporate listings and benefiting emerging companies and the investment community in Australia [4]