Nathan's Famous stock set for Nasdaq removal after $102 merger

Published on 11/05/2026 at 03:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nathan's Famous stock is set for Nasdaq removal after Smithfield completed its takeover. The business now operates as a wholly owned subsidiary.

Merger Ends Public Trading Path

Smithfield Foods completed its merger with Nathan's Famous on October 26, 2026.
Nathan's Famous became a wholly owned Smithfield subsidiary after the transaction.
The company asked Nasdaq to suspend trading and file a notice removing its common stock from listing.

NATH, US6323471002, Illustration mit AI erstellt.

Smithfield Foods completed its merger with Nathan's Famous on October 26, 2026, turning the hot-dog company into a wholly owned subsidiary and ending the public-company path for its common stock. Nasdaq reported that each outstanding share was canceled and converted into the right to receive cash under the merger terms.

Transaction Changes Shareholder Position

The closing followed the merger agreement signed on January 20, 2026, and shareholder approval on October 23, according to the company information carried by Nasdaq. Nathan's Famous also terminated its Citibank credit agreement and paid the outstanding principal, interest and fees in full at closing.

The company notified Nasdaq that the merger had closed and requested suspension of trading together with a Form 25 filing to remove the common stock from listing. It also plans to terminate its Securities Exchange Act registration and suspend its related reporting obligations.

Business Remains In Packaged Foods

Nathan's Famous sells branded beef franks and related food products, with its brand rooted in Coney Island, New York. Its product range includes skinless beef franks, hot and spicy beef franks, grass-fed beef products and appetizers. Following the merger, the business sits inside Smithfield Foods rather than operating as a separately listed company.