Form 25 Filed for Abacus Global Management Warrant (ABLLW)
Rhea-AI Filing Summary
Nasdaq Stock Market LLC submitted a Form 25 notification concerning Abacus Global Management, Inc. indicating removal of a class of securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The filing names the issuer as Abacus Global Management, Inc. and the Exchange as Nasdaq Stock Market LLC. The document references the regulatory provisions for delisting/withdrawal and notes compliance statements but contains no signed certification or additional transaction details in the provided text.
Positive
- None.
Negative
- Form 25 notification submitted to remove a class of Abacus Global Management, Inc. securities from Nasdaq listing and/or registration
- Filing text lacks a completed signature block and does not show the specific rule box selected or further execution details
Insights
TL;DR Form 25 notifies removal of a class of Abacus Global Management securities from Nasdaq, citing applicable delisting/withdrawal rules.
The filing is procedural: it identifies the issuer and Exchange and references the regulatory provisions governing removal or voluntary withdrawal of a class of securities. The document as provided does not include the signed Nasdaq certification, the specific rule box checked, or detailed rationale and timing for the removal. For stakeholders, this filing is material because a Form 25 initiates the formal process to remove a security from exchange listing, but this copy lacks the execution details that would confirm final removal.
TL;DR The filing signals initiation of delisting/withdrawal procedures for an identified security class of Abacus Global Management.
The submitted form names the issuer and Exchange and cites compliance with 17 CFR 240.12d2-2 provisions for striking securities from listing or voluntary withdrawal. The text does not supply the completed signature block, the specific statutory subsection selected, or any explanatory narrative from the issuer. As presented, it is a formal notice but incomplete with respect to execution and supporting detail.