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Shekel Brainweigh Ltd. to Delist from ASX and Continue Operations in Israel
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Shekel Brainweigh Ltd. to Delist from ASX and Continue Operations in Israel

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Shekel Brainweigh Ltd. ( (AU:SBW) ) just unveiled an announcement.

Shekel Brainweigh Ltd., a company incorporated in Israel, has announced its decision to delist from the Australian Securities Exchange (ASX) following shareholder approval. After the delisting, which is set for February 11, 2025, Shekel will continue to operate as a public unlisted company in Israel, adhering to Israeli Companies Law while no longer being subject to ASX Listing Rules. Shareholders will retain rights such as voting and receiving dividends, and the company will still comply with certain Australian regulations as a registered foreign company.

More about Shekel Brainweigh Ltd.

YTD Price Performance: 15.00%

Average Trading Volume: 375,603

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.25M

Learn more about SBW stock on TipRanks’ Stock Analysis page.

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