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GlobeNewsWire
11 days ago
Mobilicom to Transition its ADSs to Ordinary Shares on Nasdaq in Line with Company's U.S.-Based Global Growth Strategy
Ordinary shares will commence trading on Nasdaq on December 8, 2025 Benefits include facilitating eligibility for some core U.S. indices and ETFs that exclude ADRs, further broadening institutional and retail investor access Offers broader access and ease of trading for retail investors, brokers, and institutions while also reducing costs for shareholders and Mobilicom Palo Alto, California, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW) (“Mobilicom” or the “Company”), a provider of cybersecurity and robust solutions for drones and robotics, today announced its American Depositary Shares (“ADSs”) will be transitioned to a direct listing of the Company's ordinary shares on the Nasdaq Capital Market, effective at the opening of trading on December 8, 2025. “For Mobilicom, this change reflects our commitment to making trading in our shares as accessible and efficient as possible for investors, as we execute on our U.S.-based growth strategy in the autonomous systems market,” said Oren Elkayam, CEO and Founder of Mobilicom.