Algoma Steel warrants face Nasdaq delisting notice

Algoma Steel Group Inc. (ASTL) is the issuer whose warrants are the subject of a Form 25 notification concerning removal from listing and/or registration on Nasdaq Stock Market LLC.

Rhea-AI Filing Summary

Algoma Steel Group Inc. (ASTL) is the issuer whose warrants are the subject of a Form 25 notification concerning removal from listing and/or registration on Nasdaq Stock Market LLC. Nasdaq states that it has reasonable grounds to believe it meets the requirements for filing the notification and says the notice was signed on its behalf by an authorized person.

Key Terms

Section 12(b), voluntary withdrawal, withdraw registration

3 terms

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.

voluntary withdrawal regulatory

"governing the voluntary withdrawal of the class"

withdraw registration regulatory

"strike the class of securities from listing and/or withdraw registration"

FAQ

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Which ASTL securities are covered by the Nasdaq Form 25 notice?

The notice identifies warrants as the securities covered and concerns their removal from listing and/or registration on Nasdaq Stock Market LLC.

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

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Available on EDGAR 10/19/2026 - 04:07 PM EDT Accepted by SEC EDGAR 10/19/2026 - 04:07 PM EDT Learn about SEC filing dates

UNITED STATES

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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

001-40924

Issuer:	Algoma Steel Group 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:	105 West Street
	Sault Ste. Marie, Ontario	CANADA (FEDERAL LEVEL)	P6A 7B4
Telephone number:					(212) 319-7676

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

warrants

(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.

2026-10-19	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.