Domenico Carosa's Disposition of Banxa Holdings Inc. Shares

Strategic Insights -

Domenico Carosa, the founder of Banxa Holdings Inc., has filed an early warning report disclosing his beneficial ownership of the company's shares. The report reveals that Carosa disposed of 112,200 shares on August 5, 2025, at a price of $1.26 per share, resulting in total disposition proceeds of $141,372. This disposition reduced Carosa's aggregate beneficial shareholding percentage from 13.59% on a partially-diluted basis to 11.42% on a non-diluted basis.

Key Takeaways:

  • Carosa disposed of 112,200 Banxa Holdings Inc. shares on August 5, 2025, at $1.26 per share, resulting in total proceeds of $141,372.
  • The disposition reduced Carosa's aggregate beneficial shareholding percentage from 13.59% to 11.42% on a non-diluted basis.
  • Immediately after the disposition, Carosa beneficially owned 5,205,600 shares, representing 11.42% of the issued and outstanding shares.
  • Carosa Corporation B.V., a company controlled by Carosa, held 4,205,600 shares, while Dominet Digital Investments Pty. Ltd., of which Carosa is a beneficiary, held 1,000,000 shares.
  • Carosa sold the shares as part of his investment strategy and may further purchase, hold, trade, or dispose of Banxa Holdings Inc. securities in the future.
  • Carosa filed two early warning reports: one on April 2, 2025, and another on August 11, 2025, with respect to his beneficial ownership of Banxa Holdings Inc. shares.

Statistics:

  • Total proceeds from the sale of 112,200 shares: $141,372
  • Price per share: $1.26
  • Aggregate beneficial shareholding percentage before disposition: 13.59% (partially-diluted basis)
  • Aggregate beneficial shareholding percentage after disposition: 11.42% (non-diluted basis)
  • Total number of shares disposed: 112,200

Sources:

  • GlobeNewswire
  • National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues
  • Banxa Holdings Inc. SEDAR+ profile on www.sedarplus.com