Core Points - Nexxen International Ltd. has completed its transition to a full U.S. Ordinary Share listing on Nasdaq, effective February 18, 2025 [1] - The company executed a reverse split of its Ordinary Shares, consolidating every two shares into one New Ordinary Share to facilitate a one-to-one ADR exchange [2] - Nexxen's AIM-listed Depository Interests were cancelled, and trading of New Ordinary Shares on Nasdaq commenced under the ticker "NEXN" [3] - The company has a $50 million Ordinary Share repurchase program that will continue on Nasdaq until May 19, 2025, or until completion [4] - The CEO of Nexxen believes that the new trading structure will enhance the company's ability to attract U.S. investors and improve its market presence [5] Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [6] - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific [7]
Nexxen Completes Stock Exchange and Trading Structure Changes