AROC Adds NYSE Texas Listing; Press Release Attached
Rhea-AI Filing Summary
Archrock, Inc. filed a registration statement on Form 8-A to effect a dual listing of its common stock, $0.01 par value per share, on NYSE Texas under the trading symbol AROC. The company's common stock remains listed on the New York Stock Exchange under the same symbol.
A press release announcing the dual listing is attached as Exhibit 99.1 and is incorporated by reference, and the filing lists a cover page interactive data file as Exhibit 104.
Positive
- Registered dual listing of common stock on NYSE Texas under the symbol AROC
- Press release announcing the dual listing is attached as Exhibit 99.1
Negative
- None.
Insights
TL;DR Archrock's Form 8-A registers a dual listing on NYSE Texas for its common stock (AROC), a procedural step that can broaden trading venues.
The filing documents a registration on Form 8-A to enable a secondary listing of the company's common shares on NYSE Texas while preserving its existing NYSE listing. This is primarily a market-structure action rather than an operational or financial change; the filing includes an attached press release as Exhibit 99.1 and an interactive data file listed as Exhibit 104. Investors should note this expands formal trading venues but does not, by itself, alter capital structure or reported financials.
TL;DR Filing a Form 8-A for a dual listing is a governance and disclosure action that formalizes additional market access for shareholders.
The company has used Form 8-A to register its common stock for listing on NYSE Texas under the symbol AROC while maintaining its New York Stock Exchange listing. The disclosure includes a press release as Exhibit 99.1, which the company incorporated by reference. From a governance perspective, dual listings typically require coordination with exchange rules and ongoing compliance across jurisdictions; the filing itself documents the registration step but does not provide detail on exchange-specific approvals or expected timing.