Delta Galil's IPO Plans in the U.S.: Confidential Filing Submitted

Delta Galil Industries, a global manufacturer and marketer of branded and private label apparel, has taken the first step towards its initial public offering (IPO) in the United States by submitting a confidential draft registration statement on Form F-1 to the U.S. Securities and Exchange Commission (SEC).

The company’s intention to offer common stock is contingent upon market conditions, other factors, and the completion of the SEC's review process. Delta Galil has not yet disclosed the number of shares to be offered or the proposed price range for the offering. It has also emphasized that there is no certainty the IPO will occur.

The timing, size, and terms of the offering will likely depend on various factors, including market conditions. Delta Galil's move to file confidentially allows the company to keep financial and other sensitive information private until closer to the time of the IPO.