Abaxx Technologies Inc. Announces Annual Shareholders Meeting Results
Toronto, Sept. 12, 2024 (GLOBE NEWSWIRE) —
Abaxx Technologies Inc.
Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF), a financial software and market infrastructure company, recently held its annual meeting of shareholders on September 12, 2024. The meeting, which was conducted virtually, saw a total of 13,526,350 common shares, which represented 40.73% of the issued and outstanding common shares of the company, being represented.
Abaxx Technologies Inc. is the indirect majority shareholder of Abaxx Singapore Pte Ltd., which is the owner of Abaxx Commodity Exchange and Clearinghouse, known individually as Abaxx Exchange and Abaxx Clearing. In addition, the company is also the producer of the SmarterMarkets™ Podcast.
The results of the annual meeting of shareholders are a significant milestone for Abaxx Technologies Inc. as they reflect the continued support and confidence of its shareholders in the company’s vision and strategic direction. The high level of shareholder representation at the meeting demonstrates the strong engagement and interest of investors in the company’s operations and future prospects.
Overall, the successful outcome of the annual meeting bodes well for Abaxx Technologies Inc. and its subsidiaries, affirming their position as key players in the financial software and market infrastructure industry. With ongoing developments and initiatives in the works, the company remains poised for further growth and success in the years to come.
How Will This Affect Me?
As a shareholder or potential investor in Abaxx Technologies Inc., the positive results of the annual meeting indicate a promising future for the company. With the continued support of shareholders and a clear strategic direction, the company is well-positioned for growth and success, which could potentially lead to increased value for your investment.
How Will This Affect the World?
The success of Abaxx Technologies Inc. and its subsidiaries has broader implications for the financial software and market infrastructure industry. As a key player in this sector, the company’s innovative solutions and market initiatives could have a ripple effect on the industry as a whole, driving greater efficiency and transparency in financial markets globally.
Conclusion
In conclusion, the results of the annual meeting of shareholders are a testament to the ongoing strength and resilience of Abaxx Technologies Inc. and its commitment to delivering value for its stakeholders. With a clear vision and solid foundation, the company is well-positioned to capitalize on future opportunities and drive positive change in the financial industry.
