1493819 B.C. failed to take private Banxa Holdings in a CAD45.6m deal.

1493819 B.C., a private company, failed to take private Banxa Holdings, a payment service provider and regulatory technology platform specializing in the digital asset, in a CAD45.6m deal. "This transaction, with its significant cash premium, represents an exceptional outcome for Banxa and delivers immediate value for our shareholders. As a private company, Banxa will have the flexibility and resources to continue to implement its strategic vision without the added financial and administrative burden of remaining a reporting issuer in what remains a challenging capital markets environment. We look forward to this exciting next step in Banxa's evolution," Zafer Qureshi, Banxa Holdings Executive Director and Co-CEO.