Azul S.A. (NYSE: AZUL) delists from NYSE American and lists on NYSE
Filing Impact
Filing Sentiment
Form Type
25
Rhea-AI Filing Summary
Azul S.A. is removing its American Depositary Shares (ADSs) and common shares from listing on NYSE American LLC under Section 12(b) of the Exchange Act. This is a voluntary delisting following the listing of these securities on New York Stock Exchange LLC.
The listing of Azul’s ADSs and common shares on the New York Stock Exchange became effective on July 9, 2026, which was also the first trading day for the ADSs on that exchange under the symbol “AZUL”. Each ADS represents two common shares of Azul S.A.
Positive
- None.
Negative
- None.
Key Figures
ADS-to-share ratio: 2 common shares per ADS
NYSE listing effective date: July 9, 2026
First NYSE trading day: July 9, 2026
+1 more
4 metrics
ADS-to-share ratio
2 common shares per ADS
Each American Depositary Share represents two common shares, no par value
NYSE listing effective date
July 9, 2026
Listing of ADSs and common shares on New York Stock Exchange LLC became effective
First NYSE trading day
July 9, 2026
First day of trading of the ADSs on New York Stock Exchange LLC under symbol “AZUL”
Form signature date
July 16, 2026
Notification signed by the Chief Executive Officer and Director
Key Terms
Form 25, voluntary delisting, American Depositary Shares, NYSE American LLC, +1 more
5 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.
voluntary delisting regulatory
"The voluntary delisting of American Depositary Shares, each representing two common shares"
Voluntary delisting is when a company chooses to remove its shares from a public stock exchange so they no longer trade on that market. For investors this matters because it can make shares harder to buy or sell, reduce public disclosure and price transparency, and often signals a shift in strategy such as going private or moving to a smaller trading venue—similar to a store closing its high‑street shop but continuing to sell by appointment.
NYSE American LLC market
"common shares, no par value, of Azul S.A. from NYSE American LLC"
NYSE American LLC is a U.S. securities exchange where shares and certain options are listed and traded, with a focus on smaller and mid-sized companies and specific listing rules and trading features. For investors, the exchange matters because it shapes how easily a stock can be bought or sold, the pool of buyers and sellers and the transparency and oversight around trading—like a marketplace that sets the stalls, hours and quality checks that affect liquidity and risk.
New York Stock Exchange LLC market
"result of the listing of the ADSs and the common shares on New York Stock Exchange LLC"
FAQ
What listing change does Azul S.A. (AZUL) report in this Form 25?
Azul S.A. reports a voluntary delisting of its American Depositary Shares and common shares from NYSE American LLC, following their listing on New York Stock Exchange LLC.
When did Azul S.A. (AZUL) ADSs begin trading on the New York Stock Exchange?
Azul’s ADSs first traded on July 9, 2026 on New York Stock Exchange LLC. The listing of both ADSs and common shares on that exchange was effective the same day.
What is the trading symbol for Azul S.A. ADSs on the New York Stock Exchange?
Azul S.A.’s American Depositary Shares trade on New York Stock Exchange LLC under the symbol “AZUL”. The first trading day on that exchange was July 9, 2026.
Which Azul S.A. securities are being delisted from NYSE American in this filing?
The filing covers the voluntary delisting from NYSE American LLC of American Depositary Shares, each representing two common shares, and the underlying common shares of Azul S.A.
Is Azul S.A.’s delisting from NYSE American mandatory or voluntary?
The removal of Azul S.A.’s securities from NYSE American LLC is described as a voluntary delisting, undertaken after the ADSs and common shares were listed on New York Stock Exchange LLC.