G. Willi-Food International files delisting notice for Nasdaq shares
G. Willi-Food International Ltd. filed a Form 25 with the SEC to voluntarily withdraw its ordinary shares from listing and registration on the Nasdaq Stock Market, effective as of August 17, 2026.
What happened
G. Willi-Food International Ltd. (WILC), an Israeli food company whose ordinary shares trade on the Nasdaq Stock Market, filed a Form 25 with the U.S. Securities and Exchange Commission on August 17, 2026. The form is a notification of removal from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.
The filing indicates that the company is voluntarily withdrawing its ordinary shares, par value NIS 0.10 per share, from listing and registration on the exchange. It cites compliance with the exchange's rules and the requirements of the relevant SEC regulation governing voluntary withdrawal.
The filing was signed by the company's Chief Financial Officer, Yitschak Barabi. The company's share price closed at $27.37 on the event date, down 1.83% from the previous close of $27.88.
Why it matters
This delisting notice is a major step for G. Willi-Food, a company that distributes food products in Israel and internationally. Removing its shares from Nasdaq means the company will no longer be subject to the exchange's listing requirements or the SEC's reporting obligations tied to a U.S. exchange listing (though other reporting duties may remain).
The filing does not explain why the company chose to delist. Possible reasons—such as a buyout, a move to another exchange, or a desire to reduce regulatory burdens—are not stated in the provided documents and should not be assumed.
For shareholders, a delisting typically means the shares will no longer trade on a major U.S. exchange, which can reduce liquidity and visibility. The company has not yet stated what will happen to the shares after delisting.
What this means
A Form 25 is the document used to remove a security from listing on a national exchange and to withdraw its registration under Section 12(b) of the Securities Exchange Act. Either the company (voluntary) or the exchange (involuntary) can initiate this. The check in the form indicates this is a voluntary withdrawal by the issuer.
The securities involved are ordinary shares, which are the standard common stock of the company, with a par value of NIS 0.10 each. Par value is a nominal accounting figure; it does not reflect the market price or value.
After filing a Form 25, the delisting becomes effective 10 days after the filing, and the SEC registration is typically terminated 90 days after the filing. However, the company may file a Form 15 to expedite the suspension of its reporting obligations. The next predictable step is that the shares will stop trading on Nasdaq, but the exact trading venue going forward is not specified in the filing.
Sources
- 25 filed 2026-08-17
- Daily price history
Information summarized by AI from the sources listed above. May contain errors — informational only, not investment advice.