Butterfly Network (NYSE: BFLY) delists redeemable warrants
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Butterfly Network, Inc. is having its redeemable warrants removed from listing and registration on the New York Stock Exchange. These securities are redeemable warrants, with each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share.
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FAQ
What security is being delisted for Butterfly Network (BFLY)?
Butterfly Network is delisting its redeemable warrants from the New York Stock Exchange. Each whole warrant is exercisable for one share of Class A common stock at $11.50 per share, and this filing formally removes that warrant class from NYSE listing and registration.
Which exchange is removing Butterfly Network’s warrants from listing?
The New York Stock Exchange is removing Butterfly Network’s redeemable warrants from listing and registration. The exchange filed a Form 25, certifying it followed its own rules and Securities Exchange Act requirements to strike this class of warrants from the NYSE.
What are the terms of Butterfly Network’s redeemable warrants being removed?
Each redeemable warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The filing concerns this specific warrant class and its removal from listing and registration on the New York Stock Exchange.
Who signed the notification to remove Butterfly Network’s warrants?
The notification was signed on behalf of the New York Stock Exchange by Tyler Mastronardi, an Analyst in Market Watch. The exchange states it has reasonable grounds to believe it meets all requirements to file Form 25 for this warrant class.
Does the Form 25 relate to Butterfly Network’s common stock?
The Form 25 specifically describes Butterfly Network’s redeemable warrants, each exercisable for one share of Class A common stock at $11.50. The filing text addresses this warrant class; it does not describe action on other securities in the provided excerpt.