Nathan's Famous completes merger with Smithfield Foods, delists from Nasdaq
Nathan's Famous completed its merger with Smithfield Foods, Inc. on October 26, 2026, and is now a wholly-owned subsidiary of the parent company. Each share of common stock was converted into the right to receive the merger consideration, which the filing does not state in dollar terms, and the shares will no longer be listed on Nasdaq. Shareholders no longer hold an equity stake in the company, and it plans to end its SEC reporting obligations.
Key points
- Merger completed October 26, 2026; Merger Sub merged into Nathan's Famous, which continues as the surviving corporation and a wholly-owned subsidiary of the parent under the Merger Agreement dated January 20, 2026
- Common stock converted into the right to receive the Merger Consideration; the filing does not state the per-share amount in this document
- Company asked Nasdaq to suspend trading and remove the common stock from listing, and intends to file Form 15 to deregister
- Ten directors left the board at the Effective Time; C. Shane Smith became sole director of the surviving corporation, and the Company Credit Agreement dated July 10, 2024 was terminated and paid in full
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.