[25-NSE] The AZEK Company Inc. SEC Filing

Rhea-AI Filing Summary

AZEK Co Inc. (ticker: AZEK) has filed a Form 25 with the U.S. Securities and Exchange Commission, submitted by the New York Stock Exchange (NYSE) on 1 July 2025. The filing serves as official notification of the removal of AZEK’s Class A common stock from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.

The NYSE certifies it has reasonable grounds for the filing and that all requirements have been met. The document references Rule 12d2-2 provisions, indicating that either the Exchange or the issuer has fulfilled the necessary procedural steps for delisting and/or deregistration. No additional financial information, earnings data, or strategic rationale is provided in the filing.

Key facts

• Issuer: The AZEK Company Inc.
• Security affected: Class A Common Stock
• Exchange: New York Stock Exchange
• Form signed by: Victoria Paper, Manager – Market Watch, NYSE
• Filing date: 1 July 2025

Investors should note that, following the SEC’s standard timetable, the delisting will become effective after the waiting period prescribed in Rule 12d2-2 unless a withdrawal or amendment is made. The filing does not state whether the company intends to list on another exchange or pursue alternative trading arrangements.

Positive

• None.

Negative

• Removal from NYSE listing and registration may reduce share liquidity and visibility, potentially pressuring valuation until an alternative trading venue is confirmed.
• Loss of NYSE governance requirements could weaken corporate oversight if the company does not re-list on an exchange with comparable standards.
• Filing provides no rationale or future listing plan, increasing uncertainty for current and prospective investors.

Insights

Securities Analyst

TL;DR: AZEK’s NYSE delisting notice is potentially liquidity-negative and removes Exchange-level disclosure requirements.

The NYSE-filed Form 25 triggers the formal process to strike AZEK’s Class A shares from both listing and Section 12(b) registration. Once effective, trading on NYSE ceases and periodic Exchange reporting obligations terminate, though SEC reporting under Section 12(g) may remain if applicable. The absence of explanatory context leaves investors uncertain whether the move is voluntary, compliance-related, or preparatory to a transfer to another market. From a capital-markets perspective, delisting generally reduces visibility and can compress valuation multiples due to thinner liquidity. Until the company clarifies its next listing venue, the development skews negative for sentiment.

Corporate Governance Expert

TL;DR: Form 25 removes NYSE governance oversight; investor protections may narrow.

NYSE listing imposes rigorous corporate-governance standards—independent board composition, committee mandates, shareholder voting thresholds—that exceed basic SEC requirements. By filing Form 25, AZEK or the Exchange eliminates these Exchange-specific obligations. Unless the issuer transitions to another major exchange with similar standards, governance practices could revert to the less stringent baseline of federal securities law. Shareholders should monitor forthcoming disclosures for any alternate listing or OTC quotation plan. Lack of detail elevates governance-risk perception.

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

001-39322

Issuer:	AZEK Co Inc.
Exchange:	NEW YORK STOCK EXCHANGE LLC

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

Address:	1330 W Fulton St, #350
	Chicago	ILLINOIS	60607
Telephone number:					+1 (570) 558-8000

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

Class A 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, NEW YORK STOCK EXCHANGE 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.

2025-07-01	By	Victoria Paper		Manager, Market Watch
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.

FAQ

What does AZEK's Form 25 filing mean for investors?

The filing initiates removal of AZEK’s Class A common stock from NYSE listing and Section 12(b) registration, ending trading on that exchange after the SEC waiting period.

Which AZEK security is being delisted?

The Class A common stock of The AZEK Company Inc. is the security designated for removal.

When was the Form 25 for AZEK signed and by whom?

It was signed on 1 July 2025 by Victoria Paper, Manager – Market Watch on behalf of the NYSE.

Does the filing explain why AZEK is leaving the NYSE?

No. The document confirms procedural compliance but does not provide any reason or indicate a future listing venue.

What regulatory rules are cited in the AZEK delisting notice?

The notice references Rule 12d2-2 (a)(1-4), (b), and (c) under the Exchange Act, governing removal and voluntary withdrawal procedures.