Gix Internet to End TASE Trading January 25 and Delist Around January 27, 2027

Gix Internet Ltd. has initiated a process to voluntarily delist its ordinary shares from the Tel Aviv Stock Exchange, with the last trading day expected to be January 25, 2027 and delisting on or about January 27, 2027, Stock Titan reported. The company said its shares will continue to trade on the Nasdaq Capital Market under the symbol GIXI.

Gix Internet's Board Backs Nasdaq-Only Trading

Gix Internet said its board of directors approved the delisting and a transition to exclusive trading on Nasdaq. The company said the objective is to potentially enhance liquidity on Nasdaq and to allow it to focus its investor and public relations efforts on the U.S. capital markets. The company said the delisting aims to reduce the administrative costs of maintaining a dual listing.

According to the announcement, shareholders will be able to continue to buy and sell ordinary shares on the TASE in the same manner as before until market close on the final day of trading. Gix Internet said the delisting will not affect its continued listing on Nasdaq, and that all ordinary shares currently traded on the TASE may be transferred to Nasdaq. The company said it will also continue to file public reports and disclosures in accordance with SEC and Nasdaq rules.

The Tel Aviv Stock Exchange's board signed a five-year plan targeting 15-18% annual revenue growth through 2031, up from 10-12%, AInvest reported. The exchange's first-half 2026 revenue reached NIS 368.7 million, up 38%, driven by war-induced trading volume and a Monday-Friday trading week shift.

Gix Internet's Earlier Corporate Moves

Gix Internet's earlier corporate history includes a 2021 restructuring, when a shareholder meeting agenda proposed granting Medigus Ltd. controlling interest in the company under Israeli Companies Law Section 328(b)(1), according to akta.pro company records. In 2019, Medigus signed a definitive agreement to invest approximately $5 million in Algomizer Group and its wholly-owned subsidiary Linkury Ltd. The same records show Virtual Crypto Technologies Ltd. acquired Viewbix Ltd. from Algomizer Ltd., a Gix subsidiary, in 2019.

Secondary Listings Elsewhere

IOI Properties Group Bhd is in talks for a secondary listing on the Singapore Exchange, CEO Datuk Lee Yeow Seng said, The Edge Malaysia reported on October 9, 2026. The company, listed on Bursa Malaysia since 2014, had a market capitalization of RM18.6 billion as of October 8. Prisjakt Sverige filed its prospectus for a First North listing, with the first trading day set for October 23, 2026, Affarsvarlden reported on October 13, 2026. The share price is fixed at 31 kronor, valuing all shares at 675 million kronor.

Gix Internet's Delisting Timeline

Gix Internet said the last day its ordinary shares will trade on the TASE is expected to be January 25, 2027, and the shares are expected to be delisted from the TASE on or about January 27, 2027. The company said shareholders may transfer all ordinary shares currently traded on the TASE to Nasdaq.