Blue Foundry Bancorp (BLFY) Nasdaq delisting notification filed
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Blue Foundry Bancorp submitted a Form 25 notification relating to the removal/withdrawal of its Common Stock from listing and registration on the Nasdaq Stock Market LLC.
The exchange certified compliance with Rule 17 CFR 240.12d2-2 governing strikes and voluntary withdrawals; the filing is an administrative notice of delisting action.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-40619
Form expiration reference: March 31, 2018
Issuer principal office: 19 Park Avenue, Rutherford, NJ 07070
3 metrics
Commission File Number
001-40619
Form 25 cover information
Form expiration reference
March 31, 2018
Expires date shown on form image
Issuer principal office
19 Park Avenue, Rutherford, NJ 07070
Address listed on Form 25
Key Terms
Form 25, 17 CFR 240.12d2-2, strike the class of securities
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
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.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(a)(1)"
strike the class of securities regulatory
"the Exchange has complied with its rules to strike the class of securities from listing"
FAQ
What does Blue Foundry Bancorp's (BLFY) Form 25 mean?
It notifies the SEC that Nasdaq will remove Blue Foundry Bancorp's common stock from Nasdaq listing. The form documents compliance with 17 CFR 240.12d2-2 and records the exchange's decision and the issuer's withdrawal actions.
Who filed the Form 25 for BLFY and where is the issuer located?
Nasdaq Stock Market LLC certified the Form 25; the issuer is Blue Foundry Bancorp with principal offices at 19 Park Avenue, Rutherford, New Jersey 07070 and telephone 201-939-5000 as listed in the filing.
Does the Form 25 state effective dates for BLFY's removal?
The filing includes an expiration reference of March 31, 2018 on the form image; the document otherwise records compliance with the exchange rules that govern the timing of the strike/withdrawal.
What rule is cited in BLFY's Form 25 filing?
The filing cites 17 CFR 240.12d2-2 (paragraphs (a)(1)–(a)(4) and (b)/(c)), the SEC rule addressing exchange strikes and voluntary withdrawals of a class of securities from listing or registration.