Neighborhood Intelligence (BBBY) moves to delist stock and warrants from NYSE
Rhea-AI Filing Summary
Neighborhood Intelligence, Inc. has initiated the removal of its common stock and warrants from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The affected securities are its common stock with $0.0001 par value per share and warrants to purchase shares of common stock.
The company states it has reasonable grounds to believe it meets all requirements for submitting this notification. The action was authorized and signed by Chief Executive Officer Marcus Lemonis.
Positive
- None.
Negative
- NYSE listing and registration removal for Neighborhood Intelligence, Inc. common stock and related warrants under Section 12(b), signaling a loss of major-exchange listing status.
Key Figures
Commission File Number: 001-41850
Common stock par value: $0.0001 per share
Issuer telephone: (801) 947-3100
3 metrics
Commission File Number
001-41850
Identifier for Neighborhood Intelligence, Inc. under the Securities Exchange Act of 1934
Common stock par value
$0.0001 per share
Par value of Neighborhood Intelligence, Inc. common stock subject to NYSE removal
Issuer telephone
(801) 947-3100
Telephone number of Neighborhood Intelligence, Inc.’s principal executive offices
Key Terms
Section 12(b) of the Securities Exchange Act of 1934, Form 25, par value, Warrants to Purchase Shares of Common Stock
4 terms
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"removal from listing and/ registration under Section 12(b) of the Securities Exchange Act of 1934"
Form 25 regulatory
"meets all of the requirements for filing the Form 25 and has caused this notification"
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.
par value financial
"Common Stock, $0.0001 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
FAQ
What did Neighborhood Intelligence, Inc. (BBBY) disclose about its NYSE listing?
Neighborhood Intelligence, Inc. filed to remove its common stock and warrants from listing and registration on the New York Stock Exchange under Section 12(b) of the Exchange Act.
Which securities of BBBY are affected by the NYSE removal?
The affected securities are common stock with $0.0001 par value per share and warrants to purchase shares of common stock that have been listed on the New York Stock Exchange.
Under what authority is BBBY’s NYSE delisting being carried out?
The delisting is being carried out under Section 12(b) of the Securities Exchange Act of 1934, which governs removal of securities from exchange listing and registration.
Who signed the NYSE delisting notification for Neighborhood Intelligence, Inc. (BBBY)?
The notification was signed on behalf of the company by Marcus Lemonis, who is identified as the Chief Executive Officer, as the duly authorized person.
What does BBBY state about its eligibility to file this removal notification?
Neighborhood Intelligence, Inc. certifies that it has reasonable grounds to believe it meets all requirements necessary to submit the notification to remove its securities from NYSE listing and registration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
