Associated Capital Group, Inc. Update on Voluntary NYSE Delisting and SEC Deregistration
Rhea-AI Summary
Associated Capital Group (NYSE:AC) has announced the completion of its voluntary delisting process from the NYSE. The company's last trading day on the NYSE will be September 4, 2025, following its Form 25 filing with the SEC on August 25, 2025. After delisting, AC's common stock will transition to the OTCQX platform under the anticipated symbol "ACGP".
The company will file Form 15 on September 4, 2025, which will immediately suspend or terminate its SEC filing obligations, including Forms 8-K, 10-Q, and 10-K reports.
Positive
- None.
Negative
- Voluntary delisting from NYSE to OTCQX, potentially reducing stock visibility and liquidity
- Termination of SEC filing obligations, reducing transparency for investors
News Market Reaction 2 Alerts
On the day this news was published, AC declined 7.31%, reflecting a notable negative market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $50M from the company's valuation, bringing the market cap to $638M at that time.
Data tracked by StockTitan Argus on the day of publication.
GREENWICH, Conn., Sept. 04, 2025 (GLOBE NEWSWIRE) -- as previously disclosed in our August 15, 2025 announcement, Associated Capital Group, Inc. (NYSE: AC) (“AC” or the “Company”) is voluntarily delisting its Class A common stock (“common stock”) from the NYSE and deregistering under Section 12(b) of the Securities Exchange Act of 1934 (“Exchange Act”). AC filed Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on August 25, 2025. The last day of trading in AC’s common stock on the NYSE will be September 4, 2025, when Form 25 takes effect. Following the delisting from the NYSE, AC’s common stock will be listed on the OTCQX platform and it is anticipated that the symbol will be “ACGP”.
AC will file Form 15 on September 4, 2025, after which its filing obligations under the Exchange Act will immediately be suspended or terminated, including the filing of all reports on Forms 8-K, 10-Q and 10-K.
About Associated Capital Group, Inc.
Associated Capital Group, Inc., based in Greenwich, Connecticut, is a diversified global financial services company that provides alternative investment management through Gabelli & Company Investment Advisers, Inc. (“GCIA”). We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses. The direct investment business is developing along several core pillars including Gabelli Private Equity Partners, LLC (“GPEP”), formed in August 2017 with
Forward-Looking Statements
This press release contains forward-looking statements based on current expectations that involve a number of risks and uncertainties. All forecasts, projections, future plans or other statements, other than statements of historical fact, are forward-looking statements and include words or phrases such as “believes,” “will,” “expects,” “anticipates,” “intends,” “estimates,” “plan,” “believe,” “would” and words and phrases of similar import. The forward looking statements in this press release are also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act, and involve substantial risks and uncertainties. We can give no assurance that such expectations will prove to be correct. Actual results could differ materially as a result of a variety of risks and uncertainties, many of which are outside of the control of the Company.
| Contact: | Peter D. Goldstein Chief Legal Officer (914) 921-7774 For further information please visit www.Associated-Capital-Group.com |
FAQ
When will Associated Capital Group (AC) delist from the NYSE?
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