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Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three times higher than credit card-only solutions. Its fiat-to-crypto On & Off Ramp solutions enable users to conveniently and securely convert traditional fiat currencies into cryptocurrencies. Its product is a full-stack solution, including UI, Identity know your customer (KYC), Payments, Crypto Liquidity Management and Customer Support. Its NFT checkout solution is offered both in the primary and secondary markets. OpenRamp offers a streamlined solution for on & off ramping, enabling users to effortlessly transition between traditional financial systems and the decentralized blockchain world.


TSXV:BNXA - Post by User

Post by AverageJoeon Mar 16, 2021 8:47pm
214 Views
Post# 32813750

private placement

private placementI'm not happy about added dilution but this is private placement so won't affect the float  and don't kid yourselves Stifel has their mits in everything in the investment banking world here in Canada.  There will be some sort of quid pro quo for this deal whether it's added exposure to insitutions or help in gaining listings but these are the guys that make the world go around.  I especially like that the warrants are at $8.50 so pretty clear this stock is going way North of that as these guys aren't exercising them for something to do.

All in All pretty exciting.

Wish I had bought more but am staying long on the ones I have!

GLTA


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