Mixi's subsidiary completes PointsBet takeover, secures majority stake

MIXI, Inc. announced through its subsidiary, MIXI Australia Pty Ltd, the expiration of the takeover bid for PointsBet Holdings Limited on September 12, 2025. The bid, launched on July 22, 2025, aimed to acquire PointsBet shares at AUD1.25 per ordinary share. Prior to the acquisition, MIXI held no shares in PointsBet.

Through the takeover bid and market purchases, MIXI Australia acquired 230,893,535 ordinary shares of PointsBet. This acquisition represents 66.4% of PointsBet's voting rights, making it a subsidiary of MIXI. The total funds required for this share acquisition amount to AUD 289 million.

MIXI Australia is now proceeding with payments to PointsBet shareholders who accepted the offer, with all acquisitions expected to be completed soon. MIXI plans to disclose the full impact of this share acquisition on its business performance and financial position once further details are clarified.