DelistingAug 4, 2026, 04:14 PM
G. Willi-Food to Delist from Nasdaq, Focus on Tel Aviv Stock Exchange
AI Summary
G. Willi-Food International announced its intention to voluntarily delist its ordinary shares from the NASDAQ Capital Market and concentrate all share trading on the Tel Aviv Stock Exchange (TASE). The company also plans to deregister and terminate its reporting obligations with the SEC. This strategic move is aimed at reducing costs and allowing the company to focus on business development, given that the majority of its shares trade on TASE and its operations are primarily in Israel. The last day of trading on NASDAQ is expected no earlier than August 26, 2026, after which shares will continue to trade on TASE and be available in the U.S. Over-The-Counter market.
Key Highlights
- G. Willi-Food International to voluntarily delist its ordinary shares from NASDAQ.
- Company will concentrate its share trading on the Tel Aviv Stock Exchange (TASE).
- Intends to deregister and terminate reporting obligations with the SEC.
- Last day of trading on NASDAQ expected no earlier than August 26, 2026.
- Company will file Form 25 for delisting around August 17, 2026.
- Company will file Form 15F for deregistration around August 28, 2026.
- Delisting aims to reduce costs and focus on business development.
- Shares will remain listed on TASE and be available for U.S. OTC market trading.
Price Impact
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