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Gix Internet Ltd.
Gix Internet Ltd. has filed a Form S-8 registration statement for the issuance of 824,477 ordinary shares under its 2017 Israeli Incentive Plan. This registration covers 256,368 shares for existing option exercises at $19.15 per share and 568,109 shares for future awards at $4.00 per share, representing a total offering value of approximately $7.18 million.…more
Gix Internet Ltd.
Gix Internet Ltd. has initiated a voluntary delisting of its ordinary shares from the Tel Aviv Stock Exchange (TASE) to reduce administrative costs and focus on U.S. capital markets. The final trading day on the TASE is expected to be January 25, 2027, after which the company will continue to trade exclusively on the Nasdaq under the symbol 'GIXI'.…more
Gix Internet Ltd.
Gix Internet, which holds approximately 13% (2,818,585 shares) of Quantum X Labs, announced key performance milestones for its quantum error-correction decoder and LayerQake technology. The decoder achieved a 12-13% reduction in logical errors on the NVIDIA CUDA-Q platform, while LayerQake demonstrated a 15- to 21-fold reduction in maximum cumulative error and reduced measurement bias to below 6% on IBM quantum processors.…more
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Gix Internet to Delist from TASE, Consolidating Trading on Nasdaq
Gix Internet announced its voluntary delisting from the Tel Aviv Stock Exchange to reduce administrative costs and focus on U.S. capital markets. The company's shares will continue to trade exclusively on the Nasdaq, with existing shares transferable to the U.S. exchange.…more
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Gix Internet's portfolio company, Quantum X Labs, announced performance improvements in quantum error-correction technologies using NVIDIA and IBM hardware. As Gix holds only a minority stake and does not control the company, these technical milestones do not guarantee immediate financial benefits.…more
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Gix Internet has expanded its AI-driven robotic logistics platform to include blood and bone marrow transport at Sheba Medical Center. While the deployment marks a operational milestone, the company did not disclose specific financial impacts or revenue figures.…more
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