Company Description
Xylo Technologies Ltd. (Nasdaq: XYLO) is described in its public communications as a technology-based company engaged in advanced innovative technologies. Based in Israel, Xylo focuses on innovative growth partnerships across three primary areas: advanced medical solutions, digital commerce, and electric vehicle (EV) markets. Rather than operating a single line of business, the company holds interests and affiliations in multiple technology-focused entities, positioning Xylo as a holding and partnership platform within these sectors.
According to company disclosures in its news releases, Xylo’s affiliations in the advanced medical solutions arena include ownership in Polyrizon Ltd. In the digital commerce space, Xylo’s affiliates include Gix Internet Ltd. and Eventer Technologies Ltd., and in some disclosures also Jeffs’ Brands. Within the electric vehicle market, Charging Robotics, Inc. and Revoltz Ltd. are part of the company’s portfolio of technology solution providers. Other affiliations mentioned by the company include ParaZero Technologies Ltd. and Zig Miami 54 LLC.
Through these affiliations, Xylo is involved in a range of technology-driven activities as described in its partners’ own announcements. For example, Charging Robotics, Inc., in which Xylo has a controlling or majority stake in certain periods as disclosed, develops automatic wireless charging solutions for EVs. These include robotic and stationary charging systems intended for use in automatic parking facilities, where traditional plug-in methods are impractical. Charging Robotics’ systems are described as using machine learning and artificial intelligence algorithms to manage and prioritize EV charging based on parameters such as departure time, vehicle type, and driving habits.
Revoltz Ltd., which is held indirectly through Charging Robotics according to Xylo’s news releases, focuses on micro-mobility and last-mile logistics. Company communications state that Revoltz has developed the PORTO EV, an electric micro-vehicle tailored for last-mile delivery, and has received approval from the Israeli Standards Institute to sell and market this vehicle in Israel. The PORTO EV is described as offering high-volume cargo capacity over both axles, a full-day operational range on a single charge, and license-free operation for riders aged 16 and above under Israeli regulations. Revoltz has also begun a commercial phase in Israel, including deliveries to an exclusive distributor under a multi-year distribution agreement, and has secured an institutional client for deployment of PORTO EV units in an urban delivery fleet.
In addition, Revoltz has developed a three-wheel electric cargo bike for the European and UK markets, according to Xylo’s news releases. This product is described as integrating a full-tilting suspension system similar to that used in the PORTO EV, with a focus on stability, payload capacity, and safety for urban transportation and commercial applications. The bike combines manual pedaling with electric assistance and is intended for transporting goods such as parcels and groceries in dense urban environments.
Beyond EV and micro-mobility, Xylo’s portfolio includes exposure to digital advertising and ad-tech through its indirect interest in Viewbix Inc. As described in a Xylo news release, Viewbix, through its subsidiaries Gix Media Ltd. and Cortex Media Group Ltd., operates in digital advertising with two main activities: search and digital content. The search activity develops technological software solutions for automation, optimization, and monetization of internet campaigns, acquiring and routing internet user traffic to customers. The digital content activity focuses on creating and editing content in different languages and for different target audiences, generating revenues from advertising platforms such as Google, Facebook, Yahoo, and Apple by using content to obtain internet user traffic for advertisers.
Another portfolio company mentioned in Xylo’s disclosures is ParaZero Technologies Ltd., an aerospace company focused on drone safety systems for defense and commercial drones and urban air mobility aircraft. Xylo has reported an ownership interest in ParaZero and participation in a securities purchase agreement for additional ParaZero ordinary shares and pre-funded warrants. ParaZero is described as developing autonomous parachute safety systems intended to enable safe flight operations over populated areas, beyond-visual-line-of-sight operations, and various military applications, including counter-drone use cases.
Across these affiliations, Xylo’s role, as described in its own news and SEC filings, is to focus on growth partnerships and ownership stakes in companies that develop technology-based products and solutions in medical, digital, EV, and related markets. Xylo has also communicated corporate actions related to its capital markets presence, such as an American Depositary Share (ADS) ratio change that resulted in a reverse split of its ADS program, where each ADS came to represent forty ordinary shares instead of fifteen, while the company’s ordinary share capital structure remained unchanged.
Investors reviewing Xylo historically would see a company that combines technology holdings in healthcare-related solutions, digital commerce and ad-tech, EV charging infrastructure, micro-mobility vehicles, and aerospace safety systems. The company’s public disclosures emphasize its base in Israel and its listing on the Nasdaq Capital Market under the symbol XYLO, as well as its strategy of maintaining affiliations with multiple technology solution providers rather than concentrating on a single operating business.
Corporate status and acquisition
Regulatory filings provide important context on Xylo’s trading status. A Form 6-K dated June 23, 2025, states that the district court of Tel Aviv (Economic Division) approved an arrangement under Section 350 of the Israeli Companies Law between Xylo and its shareholders. Under this arrangement, L.I.A. Pure Capital Ltd. (referred to as the Applicant or Pure Capital) would purchase all of the issued and outstanding share capital of the company that it did not already own, after which Xylo would become a wholly owned subsidiary and its American Depositary Shares would be delisted from the Nasdaq Stock Exchange, with its public company obligations terminated.
A subsequent Form 6-K dated August 11, 2025, reports that the Israeli tax ruling required for closing this arrangement had been obtained and that closing procedures were initiated. The filing states that on August 22, 2025, Xylo’s ADSs would be delisted from Nasdaq and the company would terminate its SEC registration, with ADS holders entitled to receive cash consideration per ADS, subject to applicable withholding taxes, facilitated by a paying agent.
On August 22, 2025, a Form 6-K confirms the closing of the arrangement, stating that L.I.A. Pure Capital Ltd. acquired all issued and outstanding share capital of the company not already owned by it, and that Xylo became a wholly owned subsidiary of Pure Capital. The filing also notes that the company’s ADSs were delisted from the Nasdaq Capital Market and that Xylo was in the process of terminating its registration with the U.S. Securities and Exchange Commission.
On the same date, a Form 25 (25-NSE) filed by Nasdaq Stock Market LLC notifies the removal of Xylo’s American Depositary Shares from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934, identifying Xylo Technologies Ltd. as the issuer and the Nasdaq Stock Market LLC as the exchange. A Form 15 (15-12G) filed by Xylo certifies the termination of registration under Section 12(g) and the suspension of the duty to file reports under Sections 13 and 15(d), and explains that, pursuant to the court-approved arrangement, L.I.A. Pure Capital Ltd. completed the purchase of all issued and outstanding share capital of the company on August 22, 2025, making Xylo a wholly owned subsidiary.
Taken together, these filings indicate that Xylo Technologies Ltd., while historically traded on the Nasdaq Capital Market under the symbol XYLO and active as a technology-focused holding and partnership company, has been acquired by L.I.A. Pure Capital Ltd., its ADSs have been delisted, and its SEC registration has been terminated. As a result, XYLO functions as a historical ticker for a company that is no longer publicly traded in the United States, though the underlying business continues as a private, wholly owned subsidiary of Pure Capital.
Business focus areas through affiliates
Based on the company’s public descriptions of its affiliates, Xylo’s focus areas can be summarized as follows:
- Advanced medical solutions: Affiliation with Polyrizon Ltd., which Xylo identifies as part of its medical solutions arena.
- Digital commerce and ad-tech: Affiliations with Gix Internet Ltd. and Eventer Technologies Ltd., and indirect exposure to Viewbix Inc., which operates in digital advertising through search and digital content activities.
- Electric vehicles and charging: Majority or significant ownership in Charging Robotics, Inc., which develops automatic wireless EV charging systems for robotic and automatic parking facilities, and affiliation with Revoltz Ltd., which develops micro-EVs and electric cargo vehicles for last-mile logistics and urban transportation.
- Aerospace and drone safety: Ownership stake and additional investment in ParaZero Technologies Ltd., which focuses on autonomous parachute safety systems for drones and urban air mobility aircraft.
- Other holdings: Additional affiliations disclosed by Xylo include Zig Miami 54 LLC, which the company lists among its portfolio entities.
For investors and researchers examining XYLO as a stock symbol, the available disclosures present a picture of a former Nasdaq-listed Israeli technology company that built a portfolio of stakes and partnerships across several technology-intensive markets, and that later transitioned to private ownership following a court-approved acquisition by L.I.A. Pure Capital Ltd.