[25] Anebulo Pharmaceuticals, Inc. SEC Filing
Rhea-AI Filing Summary
Anebulo Pharmaceuticals, Inc. has filed a Form 25 to remove its common stock from listing and registration on The Nasdaq Stock Market LLC. This step means the company’s common shares will cease to be traded on Nasdaq once the delisting process is completed under the Securities Exchange Act of 1934.
The company states that it has reasonable grounds to believe it meets all requirements to file this notice, and the document is signed by its Chief Executive Officer and Interim Chief Financial Officer. Investors will likely need to trade the shares on alternative markets after the Nasdaq listing is withdrawn.
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Insights
Anebulo is formally delisting its common stock from Nasdaq.
Anebulo Pharmaceuticals has initiated the legal process to remove its common stock from listing and registration on Nasdaq by filing Form 25 under the Securities Exchange Act. This is a structural change in where and how the shares can trade, not an operating result.
The notice indicates the company believes it meets all requirements for this filing and is signed by senior management. Once the delisting becomes effective, trading will likely shift to over-the-counter or other venues, and liquidity and visibility can differ from a national exchange.
Subsequent company communications and future regulatory filings may clarify the company’s post-delisting trading venue and any impact on shareholder rights or reporting practices under the Exchange Act.