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Stable Coin Developer X8 AG Planning to Have Its Common Shares Listed on North American & European Stock Exchanges
X8 AG. (X8) in preparation for the launch of its crypto X8currency stable coin, X8 is planning to have their common shares apply for listing on the Canadian Securities Exchange (CSE) with cross listings planned for the Open Market Segment of the Frankfurt Stock Exchange (FSE) in Germany and the Over the Counter Market (OTC) in the USA.
X8 AG has selected Listing Partners Sarl, as exclusive financial advisors in connection with the listings.
Listing Partners will be advisors and underwriters to X8 in a contemplated pre-listing offering of common shares through syndication of the issue to its underwriting group. In addition, as part of the Listing Partners group’s international affiliations, Antevorta Capital Partners Ltd. has been engaged to provide listing services to assist X8 with the listing process on the CSE, FSE and the OTC.
As part of the listing process, X8 is required to have prepared a non-offering prospectus for submission to the securities regulators for review and approval. Should the prospectus clear the approval process an application to list the X8 common shares on the CSE will be submitted for listing approval. Once the CSE listing is granted, submission of application to cross list on…