Birks Group files Form 25 to delist Class A shares from NYSE American

What happened

Birks Group Inc., a Montreal-based jewelry retailer, filed a Form 25 with the U.S. Securities and Exchange Commission on August 17, 2026, to voluntarily remove its Class A voting shares from listing and registration on the NYSE American exchange.

The filing states that the company has complied with the exchange's rules and the requirements for voluntary withdrawal. The form was signed by Miranda Melfi, Vice President of Human Resources, Chief Legal Officer, and Corporate Secretary.

Birks Group's stock closed at $0.3898 on the filing date, up 8.28% from the previous close of $0.36. The company reported annual revenue of $177.8 million for the period ending March 29, 2025.

What this means

A Form 25 is the notification used to remove a security from listing and registration under Section 12(b) of the Securities Exchange Act of 1934. Here, Birks Group is using it to voluntarily withdraw its Class A voting shares from NYSE American.

This is not a delisting forced by the exchange for failing to meet listing standards; the filing explicitly states the company is withdrawing voluntarily under Rule 12d2-2(c). The company chose to leave the exchange.

After the Form 25 is effective, the shares will no longer trade on NYSE American. The company may still have obligations under SEC rules if it has more than a threshold number of shareholders, but the filing does not specify what happens next for the trading venue. The filing does not explain why Birks Group chose to delist.

Birks Group is a retailer of jewelry and timepieces, operating under brands including Birks, Mayors, and Brinkhaus, primarily in Canada and the U.S. The company's shares have traded at a low price, which can be a factor in delisting decisions, but the filing does not state a reason.