TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.
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Nexxen International Ltd. plans to shift its primary trading to the Nasdaq Global Market, withdrawing from the AIM to streamline operations and reduce costs. This strategic move, subject to shareholder approval, includes a 2-for-1 reverse share split and aims to enhance liquidity and attract more U.S. investors by consolidating trading in a single venue. The decision aligns with Nexxen’s goal to simplify investor communications and improve capital appreciation potential.
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