TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.
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Nexxen International Ltd. plans to restructure its stock exchange and trading operations, transitioning its Nasdaq-listed ADRs to Nasdaq-listed Ordinary Shares and delisting from the AIM to focus on the U.S. market. The company will conduct a reverse stock split and host presentations for investors to discuss these strategic changes ahead of a shareholder vote on December 20, 2024. This move aims to streamline Nexxen’s trading structure and potentially enhance its market presence in the U.S.
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