Rex International Holding Limited announced on Jan, 28 2026 that it has completed the conditional share purchase agreement tied to the planned Swedish listing of Xer Tech AB via a reverse takeover.

Following completion, Xer Sweden has become wholly owned by Rex’s vehicle RVN, in which Rex now holds roughly 50.4 % of the shares.

RVN has secured final approval for its continued listing on the Spotlight Stock Market. Once the company’s name change to Xer Sweden is registered, its shares will trade under the new ticker “XER,” with the first trading day expected around Feb, 11 2026.