Mixi advances PointsBet acquisition after shareholder approval

Mixi Inc. (TSE:2121) has announced that PointsBet Holdings Limited shareholders have approved the Scheme of Arrangement (SOA) required for Mixi's planned acquisition of the Australian Securities Exchange-listed company. According to the press release, the shareholder meeting was held on June 25, 2025, with the SOA receiving the necessary approval. Although the acquisition has been approved by the shareholder base, it remains conditional upon approval by the Australian court and relevant regulatory authorities. Subject to these approvals, the acquisition is expected to be completed in early July. The current timeline anticipates the Second Court Date on June 26, 2025, and the SOA Effective Date on June 27, 2025. The Record Date is tentatively scheduled for July 1, 2025, and the SOA Implementation Date for July 8, 2025. Mixi has stated that it will promptly announce the completion of the Share Acquisition and disclose its expected impact on MIXI's operating results and financial position once the impact has been determined.