Gix Internet board approves Tel Aviv delisting for exclusive Nasdaq trading
GIXI•Gix Internet's board approved voluntarily delisting its ordinary shares from the Tel Aviv Stock Exchange, with trading expected to end January 25, 2027, and delisting expected around January 27. The shares will remain listed on Nasdaq under GIXI, and TASE-traded shares may transfer there.
1. Planned delisting
Gix Internet's board backed a move to exclusive Nasdaq trading through the voluntary delisting of its ordinary shares from the Tel Aviv Stock Exchange. The final TASE trading day is expected to be January 25, 2027, with delisting expected on or about January 27. The company said the move aims to enhance Nasdaq liquidity, focus investor relations on U.S. capital markets and reduce dual-listing administrative costs.
