INX and Republic Postpone Transaction Closing Date to October 21, 2025

Executive Summary

• INX Digital Company and Republic have postponed the closing of their Arrangement Agreement to October 21, 2025, with a final deadline of December 3, 2025.
• The cut‑off for INX Tokens is delayed to 7:00 a.m. ET on October 22, 2025; trading will be halted at that time and resume at 8:00 a.m. ET the same day.
• Holders of record 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 the prior news release dated September 30, 2025 and amends the Arrangement Agreement originally dated April 3, 2025 (as amended May 6, 2025 and September 22, 2025).
• Closing remains subject to customary closing conditions.
• Token cut‑off time moved to 7:00 a.m. ET on October 22, 2025; all open orders will be cancelled at that moment.
• Trading of INX Tokens is expected to resume at 8:00 a.m. ET on the same day (October 22, 2025).
• Each token holder of record at the cut‑off will receive a pro‑rata portion of the cash reserve fund; total cash reserve fund is approximately US$34 million as of the announcement date.
• The Company will announce the per‑token distribution amount “as soon as practicable” after the cut‑off date.

Notable Quotes

(No direct quotes were provided in the release.)