Azimut stock reports agreement to acquire Beanstox
Published on 09/29/2026 at 20:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Azimut stock was in focus after a regulatory release filed under AZIMUT HOLDING on September 29, 2026, said the Azimut Group had signed a definitive agreement to acquire 100% of Beanstox Inc. The transaction is intended to establish the group in the U.S. direct-to-consumer market through a digital wealth platform offering an automated investment advisory app. Euronext Milan
Entry into digital investing
According to the release, Beanstox provides automated investment advisory services in the United States through a mobile app, with personalized portfolios using low-cost exchange-traded funds. Its subscription-based platform was co-founded in 2018 by Kevin O’Leary and Connor O’Brien. The company release
Closing conditions
Closing is expected in the fourth quarter of 2026, subject to regulatory review and other customary conditions, including a corporate reorganization and an advisory client consent process under the Investment Advisers Act of 1940. Beanstox’s current management team is expected to continue leading the business. Euronext Milan
