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INX Limited Announces Launch of Roadshow for its Security Token IPO

INX Limited announced it will be launching the roadshow for the initial public offering (IPO) of its security tokens in January 2020.

The proposed offering is for 130,000,000 INX Security Tokens (the “INX Tokens” or “Tokens”).  The IPO price is currently expected to be between US$0.65 and US$1.15 per Token.

INX intends to use a portion of the net proceeds raised from the sale of INX Tokens in this offering for the continued development and operation of a regulated platform for the trading of blockchain assets, including cryptocurrencies, security tokens, and their derivatives (the “INX Trading Solutions”), for the establishment of a cash reserve fund, and for working capital and other corporate purposes.

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The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the proposed offering may be obtained, when available, for free by visiting EDGAR on the SEC’s website at www.sec.gov. Alternatively, copies of the preliminary prospectus relating to the proposed offering may be obtained for free, when available, from INX Limited, 6 Bayside Road, Unit 1.02, 1st Floor, Gibraltar, GX11 1AA, Gibraltar, Attn: Investor Relations or by email at IR@inx.co. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed.

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A registration statement relating to the Tokens was filed with the U.S. Securities and Exchange Commission (SEC) but has not yet become effective. The Tokens may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these Tokens in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

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