APTO Common Shares Removed from Nasdaq Listing via Form 25
Rhea-AI Filing Summary
Nasdaq Stock Market LLC has submitted Form 25 to the SEC to remove Aptose Biosciences Inc. (APTO) common shares from listing and registration under Section 12(b) of the Exchange Act. The filing, dated 21 July 2025, states that both the exchange and the issuer have complied with the relevant provisions of 17 CFR 240.12d2-2 for striking or voluntarily withdrawing the securities. The notification is signed on Nasdaq’s behalf by Hearings Advisor Aravind Menon. No financial metrics, reasons for delisting, or additional corporate actions are disclosed in the document.
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- Nasdaq filed Form 25 to strike APTO common shares from listing and registration, ending the security’s status on a major exchange.
Insights
TL;DR: Nasdaq’s Form 25 ends APTO’s Nasdaq listing; absence of financial data leaves impact context limited.
The filing formally terminates the quotation and registration of Aptose Biosciences’ common shares on Nasdaq. Without supplementary information, investors only know the administrative fact of delisting, which generally reduces exchange visibility. The document cites compliance with Rules 12d2-2(b) and (c) but provides no explanation for the action. Because listing status often influences liquidity and institutional eligibility, the event is typically viewed as adverse, though its full significance cannot be gauged without additional disclosures.