Assertio (ASRT) common stock removed from Nasdaq listing

Assertio Holdings, Inc. (ASRT) notified the Nasdaq Stock Market LLC of the removal of its common stock from listing and/or registration pursuant to Form 25 under Section 12(b) of the Securities Exchange Act of 1934.

Rhea-AI Filing Summary

Assertio Holdings, Inc. (ASRT) notified the Nasdaq Stock Market LLC of the removal of its common stock from listing and/or registration pursuant to Form 25 under Section 12(b) of the Securities Exchange Act of 1934. The notice states the Exchange and the issuer complied with the cited rule sections governing voluntary withdrawal.

Key Figures

Commission File Number: 001-39294 Expires: March 31, 2018 Issuer address zip: 94025 +1 more

4 metrics

Commission File Number 001-39294 Form identification

Expires March 31, 2018 form expiration date printed on cover

Issuer address zip 94025 Assertio principal executive office

Telephone +1 650 462-5900 Issuer contact number

Key Terms

Form 25, Section 12(b), 17 CFR 240.12d2-2

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

Section 12(b) regulatory

"UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"

Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied with its rules"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does Form 25 mean for Assertio Holdings (ASRT)?

Form 25 signals the removal of a listed class of securities from an exchange. The filing shows Nasdaq and Assertio complied with the rule sections cited, indicating a voluntary withdrawal of the company’s common stock from Nasdaq trading and registration.

Will Assertio common stock still trade after a Form 25 filing?

A Form 25 removes the class from the exchange’s list, which stops exchange trading. Subsequent trading status depends on alternative platforms or delisting processes; this filing itself states the class was struck from Nasdaq listing and registration.

Who filed the Form 25 for ASRT and what authority signed it?

The Form 25 was filed by Nasdaq Stock Market LLC and signed on its behalf by Katelin Rowe, identified as a CDO Analyst. Nasdaq certified it had reasonable grounds to file under the referenced Exchange Act provisions.

Does the Form 25 state any reason or financial impact for the removal?

The filing does not state a financial reason or impact; it cites compliance with 17 CFR 240.12d2-2 and related provisions governing voluntary withdrawal rather than listing a business or financial justification.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/07/2026 - 10:46 AM EDT Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
Estimated average burden
hours per response:			1.7

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-39294

Issuer:	Assertio Holdings, Inc.
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	1360 O'Brien Drive
	Menlo Park	CALIFORNIA	94025
Telephone number:					+1 650 462-5900

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

common stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-06-16	By	Katelin Rowe		CDO Analyst
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.