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Investing.com -- Xylo Technologies Ltd. (NASDAQ:XYLO), a firm involved in the development of cutting-edge technologies, has announced that Viewbix Inc. (NASDAQ:VBIX), a global innovator in ad-tech technologies, has gained approval to list its common stock shares on the Nasdaq Capital Market. Xylo has an indirect interest in Viewbix through its 45.74% stake in Gix Internet Ltd., which owns 2,818,585 common shares, equating to 42.58% of Viewbix.
Viewbix is set to commence trading on Nasdaq under the ticker symbol "VBIX" around June 5, 2025, provided that it continues to adhere to the rules of the Nasdaq exchange. Xylo’s involvement comes through its strategic investment in Gix Internet, a move that supports Viewbix’s ongoing growth and visibility in one of the largest capital markets in the world.
The CEO of Xylo, Liron Carmel, expressed excitement about Viewbix’s achievement of this significant milestone. Carmel stated, "We are thrilled to see Viewbix achieve this significant milestone with its uplisting to Nasdaq. Through our strategic investment in Gix Internet, we are proud to support Viewbix’s continued advancement and visibility in one of the world’s largest capital markets."
Viewbix operates in the digital advertising sector through its subsidiaries, Gix Media Ltd. and Cortex Media Group Ltd. The Group’s primary activities include search and digital content.
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