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Xylo Technologies Faces Privatization Proposal by Major Shareholder
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Xylo Technologies Faces Privatization Proposal by Major Shareholder

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Xylo Technologies Ltd ( (XYLO) ) has issued an announcement.

Xylo Technologies Ltd. announced that L.I.A Pure Capital Ltd., a significant shareholder, has filed a legal request to convene a special general meeting. The proposal aims to acquire the remaining shares, leading to the company’s privatization and delisting from Nasdaq, which may impact shareholders and Xylo’s public obligations.

More about Xylo Technologies Ltd

Xylo Technologies Ltd. operates in the technology sector and is based in Tel Aviv, Israel. The company is publicly traded on the Nasdaq Stock Exchange and provides advanced technological solutions.

YTD Price Performance: -51.94%

Average Trading Volume: 16,859

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.16M

For detailed information about XYLO stock, go to TipRanks’ Stock Analysis page.

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