Medigus’s Subsidiary for EV Wireless Charging Merged with a Public Company in the US and Commenced Trading on the OTC Market
Medigus Ltd. - American Depositary Shares (MDGS)
US:NASDAQ Investor Relations:
medigus.com/investor-relations/investor-faqs
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Source: GlobeNewswire
Medigus holds 60% in the public company and has an option to increase its holdings up to 71% Tel Aviv, Israel, April 18, 2023 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle and charging solutions, announced today that its subsidiary, Charging Robotics Ltd. (“Charging Robotics”) has completed a share exchange transaction with Fuel Doctor, Inc., (“FDOC”) a Delaware corporation, listed on the OTC Market. Medigus currently holds 60% of the common stock of FDOC. As part of the exchange agreement, FDOC acquired all of the issued and outstanding shares of Charging Robotics on a fully diluted basis. As a result Charging Robotics became a wholly owned subsidiary of FDOC. At the closing Medigus received, in exchange for all of its shares in Charging Robotics, such number of newly issues shares of FDOC common stock equal to 60% of the total number of shares of FDOC common s
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News
- Medigus Announces Corporate Rebranding Changes Name to Xylo Technologies Ltd. to Reflect Core Values of its Business [Yahoo! Finance]Yahoo! Finance
- Medigus Announces Corporate Rebranding Changes Name to Xylo Technologies Ltd. to Reflect Core Values of its BusinessGlobeNewswire
- Medigus Reaps Success with First Installation of a Wireless Charging System for Automatic Car ParksGlobeNewswire
- Medigus: Revoltz Initiates on Exclusive Distribution Agreement of $2.7 Million in Revenues and Completes the Production of the First 50 PORTO Micro-Mobility EVs [Yahoo! Finance]Yahoo! Finance
- Medigus: Revoltz Initiates on Exclusive Distribution Agreement of $2.7 Million in Revenues and Completes the Production of the First 50 PORTO Micro-Mobility EVsGlobeNewswire
MDGS
Sec Filings
- 4/15/24 - Form 6-K
- 4/15/24 - Form 424B3
- 4/9/24 - Form 6-K
- MDGS's page on the SEC website