INX DIGITAL


Associated tags: INX, Cryptocurrency, OTCQB, NEO, ATS, Broker-dealer, Security (finance)

The INX Digital Company Announces CFO Transition Plan

Retrieved on: 
Monday, May 6, 2024

INX Names Ms. Naama Falach as Incoming Chief Financial Officer (CFO), Effective June 1st, 2024

Key Points: 
  • INX Names Ms. Naama Falach as Incoming Chief Financial Officer (CFO), Effective June 1st, 2024
    TORONTO, May 6, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, U.S. broker-dealer, alternative trading system, transfer agent, and inter-dealer broker (through its subsidiaries), announced today that, in a mutually agreed decision, Chief Financial Officer (CFO) Ms. Renata Szkoda will be leaving the company effective May 31, 2024.
  • Ms. Falach brings a wealth of experience and knowledge to the role of CFO, having been an integral part of INX's finance team for the past three years.
  • "We are delighted to welcome Naama Falach as our new CFO," said Shy Datika, CEO of INX.
  • "On behalf of everyone at INX, I'd like to express my gratitude to Renata for her commitment to the Company, its employees, and shareholders.

The INX Digital Company Reports Q4 2023 and Annual Financial Results

Retrieved on: 
Monday, April 1, 2024

TORONTO, April 1, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced Q4 and annual financial results for 2023.

Key Points: 
  • TORONTO, April 1, 2024 /CNW/ - The INX Digital Company, Inc. (Cboe CA: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced Q4 and annual financial results for 2023.
  • Q4 2023 net revenue of $1.1M, primarily from transaction and brokerage fees, 14 percent lower compared to Q3 2023.
  • Q4 2023 net loss from operations of $4.4M, slightly lower compared to $4.7M in Q3 2023.
  • In Q4 2023, INX listed Republic Note on INX.One for secondary market trading and completed the integration of the Republic Wallet as a new custody solution for clients on INX.

Unicoin Launches Its Primary Offering on U.S. Regulated INX.One Trading Platform

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- The INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced today the official launch of the Unicoin security token on its trading platform. Unicoin's primary offer is available for $.50 to potential U.S. accredited investors and all non-U.S. investors, including retail and institutional investors.

Key Points: 
  • Unicoin's primary offer is available for $.50 to potential U.S. accredited investors and all non-U.S. investors, including retail and institutional investors.
  • Launched by the producers of Unicorn Hunters, the asset-backed Unicoin offers holders inherent value by being supported by a fast-growing global portfolio of real estate and equity positions in high-growth companies.
  • "We are thrilled to collaborate with Unicoin, a company that has embraced a unique and dynamic approach to crafting investment opportunities," remarked Shy Datika, INX's CEO.
  • For more information about INX and its novel trading and capital-raising financial instruments for enterprises and companies worldwide, visit https://www.inx.co/ .

INX Agrees to Extend Negotiating Period for Potential Acquisition Deal with Republic

Retrieved on: 
Thursday, February 15, 2024

TORONTO, Feb. 15, 2024 /PRNewswire/ -- The INX Digital Company, Inc. (Cboe CA: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a U.S.-regulated broker-dealer, ATS, and transfer agent, and Republic ("Republic"), a global financial firm operating a digital merchant bank and a network of investment platforms, have announced a three-month extension, to May 15, 2024, of the period during which the parties have agreed to negotiate in good faith towards acquisition of INX by Republic, as previously disclosed on June 19, 2023 and November 8, 2023. The companies are also renewing their collaboration agreement for an additional year. The companies mutually agreed to the extension as Republic continues in the process of completing its capital raise round.

Key Points: 
  • The companies mutually agreed to the extension as Republic continues in the process of completing its capital raise round.
  • In recent months, the parties have expanded their collaboration across various domains, notably by integrating the Republic Wallet into the INX platform and successfully listing the Republic Note on INX's secondary market.
  • Our collaboration with Republic aligns with our mission, and we are proud of the milestones we have already achieved together.
  • INX's CEO, Shy Datika, VP Capital Markets, Bob Ejodame, Deputy CEO, Itai Avneri and Republic Crypto's President, Andrew Durgee will share the latest updates and answer questions.

INX Agrees to Extend Negotiating Period for Potential Acquisition Deal with Republic

Retrieved on: 
Thursday, February 15, 2024

TORONTO, Feb. 15, 2024 /PRNewswire/ -- The INX Digital Company, Inc. (Cboe CA: INXD, INXATS: INX, OTCQB: INXDF) ("INX"), a U.S.-regulated broker-dealer, ATS, and transfer agent, and Republic ("Republic"), a global financial firm operating a digital merchant bank and a network of investment platforms, have announced a three-month extension, to May 15, 2024, of the period during which the parties have agreed to negotiate in good faith towards acquisition of INX by Republic, as previously disclosed on June 19, 2023 and November 8, 2023. The companies are also renewing their collaboration agreement for an additional year. The companies mutually agreed to the extension as Republic continues in the process of completing its capital raise round.

Key Points: 
  • The companies mutually agreed to the extension as Republic continues in the process of completing its capital raise round.
  • In recent months, the parties have expanded their collaboration across various domains, notably by integrating the Republic Wallet into the INX platform and successfully listing the Republic Note on INX's secondary market.
  • Our collaboration with Republic aligns with our mission, and we are proud of the milestones we have already achieved together.
  • INX's CEO, Shy Datika, VP Capital Markets, Bob Ejodame, Deputy CEO, Itai Avneri and Republic Crypto's President, Andrew Durgee will share the latest updates and answer questions.

INX Customer Data and Funds are Secure After Recent Attack on Third-Party Service Provider

Retrieved on: 
Friday, December 29, 2023

TORONTO, Dec. 29, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), a security token and digital asset trading platform, U.S. broker-dealer, alternative trading system, transfer agent, and inter-dealer broker (through its subsidiaries), announced that on December 20, 2023, it learned of a cyberattack that occurred on the computer systems of a third-party vendor providing services to one of the Company's subsidiaries. 

Key Points: 
  • The Company took immediate actions to remediate the security vulnerability and to investigate the nature and scope of the incident.
  • INX customers were not affected by the incident, and the security breach at the third-party provider did not have any impact on the platforms and servers of INX.
  • No personal information or other data of INX's customers was compromised, and INX.One remains fully operational.
  • The Company does not expect this incident to have a material impact on its business operations or its financial results.

INX Customer Data and Funds are Secure After Recent Attack on Third-Party Service Provider

Retrieved on: 
Friday, December 29, 2023

TORONTO, Dec. 29, 2023 /PRNewswire/ -- The INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF, INXATS: INX) (the "Company" or "INX"), a security token and digital asset trading platform, U.S. broker-dealer, alternative trading system, transfer agent, and inter-dealer broker (through its subsidiaries), announced that on December 20, 2023, it learned of a cyberattack that occurred on the computer systems of a third-party vendor providing services to one of the Company's subsidiaries. 

Key Points: 
  • The Company took immediate actions to remediate the security vulnerability and to investigate the nature and scope of the incident.
  • INX customers were not affected by the incident, and the security breach at the third-party provider did not have any impact on the platforms and servers of INX.
  • No personal information or other data of INX's customers was compromised, and INX.One remains fully operational.
  • The Company does not expect this incident to have a material impact on its business operations or its financial results.

Shy Datika, CEO of The INX Digital Company, Inc., Announces Further Share Acquisition

Retrieved on: 
Wednesday, November 29, 2023

Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.

Key Points: 
  • Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.
  • On January 11, 2022, the Company announced that Mr. Datika beneficially held 40,540,013 Common Shares, representing approximately 19.98% of the issued and outstanding Common Shares.
  • Owing to certain issuer actions undertaken by the Company, Mr. Datika's percentage holdings in the Company have decreased by 2.53% since that time.
  • Immediately prior to the Acquisition, Mr. Datika held beneficial ownership of 40,554,679 Common Shares, representing approximately 17.44% of the issued and outstanding Common Shares.

Shy Datika, CEO of The INX Digital Company, Inc., Announces Further Share Acquisition

Retrieved on: 
Wednesday, November 29, 2023

Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.

Key Points: 
  • Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.
  • On January 11, 2022, the Company announced that Mr. Datika beneficially held 40,540,013 Common Shares, representing approximately 19.98% of the issued and outstanding Common Shares.
  • Owing to certain issuer actions undertaken by the Company, Mr. Datika's percentage holdings in the Company have decreased by 2.53% since that time.
  • Immediately prior to the Acquisition, Mr. Datika held beneficial ownership of 40,554,679 Common Shares, representing approximately 17.44% of the issued and outstanding Common Shares.

Shy Datika, CEO of The INX Digital Company, Inc., Announces Further Share Acquisition

Retrieved on: 
Wednesday, November 29, 2023

Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.

Key Points: 
  • Immediately following the Acquisition, Mr. Datika holds beneficial ownership of an aggregate of 40,567,179 Common Shares, representing approximately 17.45% of the issued and outstanding Common Shares.
  • On January 11, 2022, the Company announced that Mr. Datika beneficially held 40,540,013 Common Shares, representing approximately 19.98% of the issued and outstanding Common Shares.
  • Owing to certain issuer actions undertaken by the Company, Mr. Datika's percentage holdings in the Company have decreased by 2.53% since that time.
  • Immediately prior to the Acquisition, Mr. Datika held beneficial ownership of 40,554,679 Common Shares, representing approximately 17.44% of the issued and outstanding Common Shares.