Beachbody (NYSE: BODI) plans NYSE removal of Class A shares listing
Rhea-AI Filing Summary
The Beachbody Company, Inc. has filed a Form 25 to remove its Class A common stock, par value $0.0001 per share, from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934 on the New York Stock Exchange. The notification is signed by Chief Executive Officer Carl Daikeler, indicating the company believes it meets all requirements for filing this form.
Positive
- None.
Negative
- Removal from NYSE listing: Filing Form 25 to remove Class A common stock from listing and/or registration under Section 12(b) of the Exchange Act.
Insights
Beachbody initiates NYSE delisting of its Class A shares.
The Beachbody Company, Inc. has submitted a Form 25, which is the formal notification used to remove a security from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The filing applies to the company’s Class A common stock, par value $0.0001 per share, currently associated with the New York Stock Exchange.
The document states that the company has reasonable grounds to believe it meets all requirements to file this form, and it is signed by Chief Executive Officer Carl Daikeler. This confirms that the delisting step is an authorized corporate action at the executive level.