M&A - MIAMI INTERNATIONAL HOLDINGS, INC.

Form Type: DRS/A

Filing Date: 2025-05-28

Corporate Action: Acquisition

Type: Update

Accession Number: 000162827925000280

Filing Summary: Miami International Holdings, Inc. filed an amendment to its registration statement, indicating an intent to conduct an initial public offering of common stock. The document notes the recent announcement regarding the proposed acquisition of The International Stock Exchange Group Limited (TISE) by MIH East Holdings, Limited, which is a wholly owned subsidiary of MIH. MIH East, owning 29.46% of TISE, made a cash offer of £22.50 per share for the remaining shares, totaling approximately £47.6 million. The acquisition is pending regulatory approvals and is expected to close by late Q2 2025. Additionally, it notes the company’s commitment to comply with reduced reporting requirements as an emerging growth company and provides insights into its revenue structure and marketplace operations.

Form Type: DRS/A

Filing Date: 2025-03-26

Corporate Action: Acquisition

Type: Update

Accession Number: 000162827925000153

Filing Summary: Miami International Holdings, Inc. is filing Amendment No. 12 to its initial confidential registration statement on Form S-1 in relation to its initial public offering (IPO) of common stock. This document describes the intended IPO process, including the price range for the initial offering and regulatory compliance measures. MIH announced a cash offer to acquire The International Stock Exchange Group Limited, which currently owns 29.46% of TISE's issued ordinary share capital. The acquisition is valued at approximately £47.6 million ($61.9 million), with MIH offering £22.50 per TISE ordinary share. The acquisition is pending approval from the required majority of TISE shareholders and regulatory bodies, expected to finalize in the second quarter of 2025. The registration statement outlines MIH's business model, competitive market practices, and emerging growth company status allowing certain reporting reliefs. Furthermore, it highlights MIH's proprietary technologies and its strategic plan to enhance market share and product offerings across multiple asset classes, aiming for a launch on the New York Stock Exchange under the symbol 'MIAX.'