Axis Auto Finance Inc

TSX:AXISCanada

Oct 21, 2024

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• Axis Enters Into Asset Purchase Agreement for Sale of Auto Finance Business, from 6:00PM ET on Monday Oct 21, 2024 by Dow Jones

  6:00PM ET on Monday Oct 21, 2024 by Dow Jones
  Companies Mentioned: AXIS
  
  inability to receive, in a timely manner and on satisfactory terms, the necessary approvals for the transaction and other matters to be considered at the meeting of shareholders of the Company; the inability to satisfy, in a timely manner, all other conditions to the completion of the transaction; the ability of the Board to consider and approve, subject to compliance by the Company of its obligations in this respect under the asset purchase agreement, a superior proposal for the Company; and the risk factors disclosed in the Company's periodic reports publicly filed and available on its SEDAR+ profile at www.sedarplus.ca. The anticipated dates indicated above may change for a number of reasons, including delays in preparing materials in connection with the transaction, the inability to receive the necessary approvals in a timely manner, or the need for additional time to satisfy the conditions to the completion of the transaction. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur. There is no assurance that the proposed transaction will be completed in accordance with its terms or at all. The forward-looking statements contained in this news release are made as of the date of this announcement and the Company does not undertake any obligation to update such forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
  

• Press Release: Axis Enters Into Asset Purchase Agreement for Sale of Auto Finance Business, from 6:00PM ET on Monday Oct 21, 2024 by Dow Jones

  6:00PM ET on Monday Oct 21, 2024 by Dow Jones
  Companies Mentioned: AXIS