Cross listing26 Jun 2025 10:53
Hi Casper, the company is going to Cross list not Duel list, there`s a bit of a difference.
Cross-listing:
A single company, with one set of shares, is listed on multiple exchanges.
The shares are essentially interchangeable across the different exchanges.
Example: A company listed on the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE).
Dual-listing (Dual-Listed Company - DLC):
Two separate companies, with distinct legal entities, agree to operate as one and are listed on different exchanges.
Each company maintains its own legal structure and shareholders.
They typically have an "equalization agreement" to share risks and rewards.
Example: Two companies, one in the US and one in Europe, agree to operate as a single entity and are listed on both US and European exchanges.
In essence:
Cross-listing is like a company having multiple branches of the same store in different locations .
Dual-listing is like two separate companies deciding to merge their operations while maintaining their separate identities and listings .