Xylo Technologies Ltd. has announced the completion of its scheme of arrangement, resulting in the company's delisting from the Nasdaq Capital Market. This move follows the acquisition of all issued and outstanding shares of Xylo Technologies by L.I.A. Pure Capital Ltd., making Xylo a wholly-owned subsidiary of Pure Capital. As part of this process, holders of Xylo's American Depositary Shares (ADSs) will receive cash consideration of $5.25 per ADS. The company is currently in the process of terminating its registration with the U.S. Securities and Exchange Commission. Computershare, Inc., acting as the paying agent, will manage the distribution of cash considerations to shareholders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xylo Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-079561), on August 22, 2025, and is solely responsible for the information contained therein.