Banxa Holdings Provides Update on Previously Announced Plan of Arrangement with OSL Group and Files Unaudited Q1 FY26 Financial Results
Newsfile·2025-12-02 14:29

Core Insights - Banxa Holdings Inc. is progressing with its plan of arrangement with OSL Group, having received final court approval and shareholder consent [2][3] - The company has filed its unaudited financial results for Q1 FY26, which are available for review [4] Transaction Update - The Supreme Court of British Columbia approved the arrangement on November 20, 2025, following successful shareholder approvals from both Banxa and OSL Group [2] - Banxa has received change of control approval for money-transmitter licenses in 35 out of 37 designated U.S. states [2] - OSL Group has submitted all necessary documentation for its change of control application with the De Nederlandsche Bank and has responded to inquiries from the UK's Financial Conduct Authority [2] Financial Results - The unaudited financial results for Q1 FY26 have been filed and are accessible on the company's SEDAR+ profile [4] Company Overview - Banxa is a leading infrastructure provider for embedded crypto, facilitating seamless integration of crypto and fiat for businesses [5] - The company operates globally, with a focus on reducing fees and increasing conversion rates for crypto transactions [5]