INX Digital to close acquisition by Republic Oct. 8

Mr. Alan Silbert reports NX AND REPUBLIC SET OCTOBER 8, 2025 AS THE CLOSING DATE FOR TRANSACTION Oct. 8, 2025, has been set as the closing date for the acquisition of The INX Digital Company Inc. pursuant to the terms of the arrangement agreement dated April 3, 2025 (as amended on May 6, 2025, and Sept. 22, 2025), among the company, OpenDeal Inc. (doing business as Republic) and Republic Strategic Acquisition Co. LLC. Pursuant to the terms of the arrangement agreement, Republic will acquire all of the outstanding shares of the company not already held by Republic. Closing of the transaction remains subject to certain customary closing conditions. In addition, at 7 a.m. ET on Oct. 9, 2025, trading of the INX token will be temporarily halted, and all open trade orders will be cancelled. Trading of the INX token is expected to resume at 8 a.m. ET. As of the cut-off date, each holder of record of INX tokens will be entitled to receive its pro rata portion of the cash reserve fund of the company, which will be distributed after the closing. As of the date hereof, the total amount in the cash reserve fund is approximately $34-million (U.S.). The company will announce the per-token amount to be distributed to INX token holders on the cut-off date. About The INX Digital Company Inc. INX provides regulated trading platforms for digital securities and cryptocurrencies. With a blend of traditional market expertise and a disruptive fintech approach, INX offers state-of-the-art solutions to modern financial challenges. The company is led by a dedicated team of business, finance and technology veterans committed to redefining capital markets through blockchain technology and a disciplined regulatory approach. INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group's vision is to be the preferred global regulated hub for digital assets on the blockchain. Its mission is to bring communities together and empower them with financial innovation. INX's journey began with the initial public token offering of the INX token, raising $84-million (U.S.). The INX Group is shaping the blockchain asset industry by working within a regulated environment under oversight from regulators like the Securities and Exchange Commission and Financial Industry Regulatory Authority. About OpenDeal Inc. (doing business as Republic) Headquartered in New York, Republic is a global financial firm operating a network of retail-focused investment platforms and an enterprise digital advisory arm. With a deep record of legal and technical innovation, Republic is known for providing access to new asset classes to investors of all types. Backed by Valor Equity Partners, Galaxy Interactive, HOF Capital, AngelList and other leading institutions, Republic boasts a global portfolio of over 2,000 companies and a community of nearly three million members in over 150 countries. More than $3-billion has been deployed through investment platforms, funds and firms within the Republic family of companies with operations established in the United States, the United Kingdom, European Union, the United Arab Emirates and South Korea. We seek Safe Harbor.