[25-NSE] BLACKROCK NEW YORK MUNICIPAL INCOME TRUST SEC Filing
Rhea-AI Filing Summary
BlackRock New York Municipal Income Trust is being removed from listing and registration on the New York Stock Exchange. The Exchange filed a Form 25 to strike the trust’s common shares from listing under Section 12(b) of the Securities Exchange Act of 1934.
The NYSE certifies it has followed its own rules and the SEC’s 12d2-2 procedures for removing the common stock from listing and/or registration. The notification is signed on behalf of the Exchange by an authorized market watch analyst.
Positive
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Negative
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Insights
BNY is being delisted from the NYSE, which can reduce liquidity and visibility.
The filing shows BlackRock New York Municipal Income Trust common shares are being removed from listing and registration on the New York Stock Exchange via Form 25 under Section 12(b). This typically affects how easily investors can trade the shares.
The NYSE states it has complied with its own rules and SEC Rule 12d2-2 for delisting. The actual impact on trading volume, price discovery, and bid-ask spreads will depend on where and how the shares trade after removal from the NYSE.