Xybion Digital Inc (TSE:XYBN) has released an update.
Xybion Digital Inc. shareholders have overwhelmingly approved a plan to acquire all outstanding Class A subordinate voting shares for $0.90 each. This transaction, endorsed by 100% of voting shareholders, is pending final approval from the Supreme Court of British Columbia and is expected to lead to the delisting of Xybion’s shares from the TSX Venture Exchange. In addition, shareholders elected a new board of directors and approved all other matters at the meeting, including the Company’s Omnibus Incentive plan.
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