Nasdaq Tower welcomes region’s 1st hypercar maker W Motors

UAE – Mubasher: W Motors was officially welcomed on renowned Nasdaq Tower, after the Middle East’s first hypercar maker partnered last week with Nasdaq Dubai, according to the automaker’s press release.

The world-famous tower in Times Square of New York offered a showcase of the brand, in which it highlighted the auto manufacturer’s milestones.

W Motors partnered last week with Nasdaq Dubai, as it prepares for further business expansion.

W Motors is now the first private company to deposit its shares in Nasdaq Dubai’s central securities depository (CSD), which offers a trusted environment for share owners and facilitate transfers between investors.

“Trading will take place off-exchange and W Motors remains a privately held company,” the press release said.

Mubasher Contribution Time: 25-Nov-2019 11:13 (GMT)
Mubasher Last Update Time: 25-Nov-2019 11:13 (GMT)