Xylo Technologies Shares to Trade on Nasdaq
| Field | Detail |
|---|---|
| Company | Xylo Technologies Ltd |
| Form Type | 6-K |
| Filed Date | Jun 5, 2025 |
| Risk Level | medium |
| Sentiment | bullish |
Sentiment: bullish
Topics: listing, exchange-transition, press-release
Related Tickers: VBIX
TL;DR
Xylo Tech (formerly Medigus) shares are going to Nasdaq under VBIX starting June 5th.
AI Summary
On June 5, 2025, Xylo Technologies Ltd. announced that its shares, under the ticker symbol VBIX, will commence trading on the Nasdaq Capital Market. This move follows the company's previous name change from Medigus Ltd. and its focus on the medical technology sector.
Why It Matters
Listing on Nasdaq provides Xylo Technologies with increased visibility and access to capital markets, potentially benefiting its growth and investor base.
Risk Assessment
Risk Level: medium — The company has undergone a name change and is moving to a major exchange, indicating potential growth but also the inherent risks associated with smaller-cap companies and market transitions.
Key Players & Entities
- Xylo Technologies Ltd. (company) — Registrant
- Nasdaq (company) — Exchange where shares will trade
- VBIX (company) — Ticker symbol for Viewbix shares
- Medigus Ltd. (company) — Former company name
- June 5, 2025 (date) — Date of press release and commencement of trading
FAQ
What is the ticker symbol for Xylo Technologies' shares on Nasdaq?
The press release states that Viewbix shares will begin trading on Nasdaq under the ticker symbol VBIX.
When will Xylo Technologies' shares start trading on Nasdaq?
The press release, dated June 5, 2025, indicates that the shares will begin trading on Nasdaq on this date.
What was Xylo Technologies Ltd. formerly known as?
Xylo Technologies Ltd. was formerly known as Medigus Ltd., as indicated by the former company name listed in the filing.
What type of filing is this 6-K report?
This is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Where is Xylo Technologies Ltd. located?
Xylo Technologies Ltd. is located at 10 HaNechoshet Street, Tel-Aviv, 6971072, Israel.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on June 5, 2025 regarding XYLO TECHNOLOGIES LTD.