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Xylo Technologies Ltd ( (XYLO) ) has shared an update.
Xylo Technologies Ltd. has announced the acquisition of all its issued and outstanding share capital by L.I.A. Pure Capital Ltd., following the receipt of an Israeli tax ruling necessary for the closure of this arrangement. As a result, Xylo’s American Depositary Shares (ADSs) will be delisted from Nasdaq on August 22, 2025, and the company will terminate its SEC registration, marking a significant shift in its market presence. ADS holders will receive a cash consideration of USD5.25 per ADS, subject to Israeli withholding tax, and must submit required documentation to avoid this tax. The Bank of New York Mellon, as the depositary, will close its books for all issuances and cancellations after August 21, 2025, further indicating the finalization of this corporate transition.
Spark’s Take on XYLO Stock
According to Spark, TipRanks’ AI Analyst, XYLO is a Neutral.
Xylo Technologies Ltd faces significant financial challenges, with consistent losses and negative cash flows being the most impactful factors. The technical analysis provides mixed signals, indicating a lack of clear market direction. The valuation is concerning due to a negative P/E ratio and no dividend yield, further impacting the overall score.
To see Spark’s full report on XYLO stock, click here.
More about Xylo Technologies Ltd
Xylo Technologies Ltd. operates in the technology sector, focusing on providing innovative solutions and services. The company is headquartered in Tel-Aviv, Israel, and is involved in various technological advancements and market strategies.
Average Trading Volume: 5,299
Technical Sentiment Signal: Hold
Current Market Cap: $4.2M
For detailed information about XYLO stock, go to TipRanks’ Stock Analysis page.