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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

Comment by Vancity1on Dec 20, 2024 12:04am
60 Views
Post# 36371574

RE:RE:RE:criminal

RE:RE:RE:criminal

@Huntz makes a very good point. Banxa can carry all the so called burden of costs to be public while losing money and as soon as they sniff profitability they rug pull all there current retail shareholders that have been through the bear market and halts and offer a stinky low bid of $1.00 and call it a 33% premium. 

This deal stinks so bad. The thing is if this deal goes through and they go private and then take a buy out offer there is no obligation to disclose the terms of the deal to the public. 

This offer of $1.00 after suppressing the price of the stock for so long is theft at a level of bank robbery. Considering all the shares that are being held in bank accounts at a loss it is bank robbery. 

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