Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
02.27.25
Pillsbury advised Nexxen International Ltd., a global, flexible advertising technology platform with deep expertise in data and advanced TV, in the recent completion of its previously announced stock exchange and trading structure changes, streamlining to a full and sole U.S. Ordinary Share listing on the Nasdaq Stock Market.
Nexxen first completed a reverse split of its Ordinary Shares, consolidating every two shares into one New Ordinary Share to facilitate a one-to-one American Depository Receipts (ADRs) exchange. The company then exchanged its Nasdaq-listed ADRs for Ordinary Shares, terminating its ADR facility, and cancelled its Alternative Investment Market (AIM)-listed Depository Interests from trading on AIM.
As such, effective February 18, 2025, Nexxen’s Ordinary Shares began trading on Nasdaq under the stock ticker “NEXN.”
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The Pillsbury deal team was led by Corporate partners Jim Masetti, Christina Pearson and James Campbell and included associates Kate Chan and Alyssa Jatnieks; and Tax consultant Amanda Solomon.