04:06 PM EDT, 08/18/2025 (MT Newswires) -- Urbana (URB-A.TO, URB.TO) on Monday said its investee company Miami International Holdings ( MIAX ) completed an initial public offer of shares on the New York Stock Exchange under the symbol "MIAX', boosting the value of Urbana's stake.

Miami shares Aug.14 opening IPO price was US$23.00 and were last seen trading at up US$1.54 to US$32.66.

Urbana holds 663,810 MIAX shares, purchased for $12.3 million. As of the closing price on August 15, their value has grown to a value of approximately $28.5 million, resulting in an unrealized gain of roughly CA$16.2 million.

Urbana's Class A shares closed down $0.04 to $7.11 on the Toronto Stock Exchange.