INX and Republic Postpone Transaction Closing Date to November 10, 2025

Executive Summary

• INX Digital Company and Republic have agreed to postpone the closing of their pending transaction to November 10, 2025, with a final deadline of December 3, 2025.
• The cut‑off for INX Tokens is moved to 7:00 a.m. ET on November 11, 2025; trading will be halted and resumed at 8:00 a.m. ET the same day.
• Holders of record INX Tokens at the cut‑off will receive a pro‑rata share of the company’s ≈ US$34 million cash reserve fund, with per‑token amounts to be announced after the cut‑off date.

Key Details

• The postponement follows earlier releases on September 30, 2025 and October 8, 2025.
• All conditions precedent to closing have been satisfied or waived, except those solely in INX’s favor.
• Arrangement Agreement dates: original April 3, 2025; amendments on May 6, 2025 and September 22, 2025.
• New transaction timeline:
• Closing date: November 10, 2025 (postponed)
• Final deadline to complete: December 3, 2025
• Token cut‑off specifics:
• Cut‑off Time: 7:00 a.m. ET on November 11, 2025
• Trading halt: All open orders cancelled at cut‑off; trading resumes at 8:00 a.m. ET same day.
• Distribution to token holders:
• Cash reserve fund amount: Approximately US$34 million (as of release date)
• Distribution method: Pro‑rata cash payment to each holder of record at cut‑off; per‑token amount to be announced post‑cut‑off.

Notable Quotes

No direct quotes from executives were included in the release.