BlackRock Long-Term Municipal Advantage Trust (NYSE: BTA) delisted via Form 25
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
BlackRock Long-Term Municipal Advantage Trust notified the New York Stock Exchange that its Common Shares will be removed from listing and registration via Form 25. The filing states the Exchange and the Issuer have complied with applicable rules for a voluntary withdrawal. The notice is signed by Anthony Sozzi, Analyst, Market Watch.
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FAQ
What does BlackRock Long-Term Municipal Advantage Trust (BTA) Form 25 mean?
It means the trust's Common Shares are being removed from NYSE listing. The filing states the Exchange and Issuer complied with rules for a voluntary withdrawal, and the Exchange certified reasonable grounds for the Form 25.
Who signed the Form 25 for BTA and what was their role?
The Form 25 was signed by Anthony Sozzi, identified as Analyst, Market Watch. The signature certifies the Exchange believes it meets requirements to file the Form 25 under applicable rules.
Does the Form 25 state whether the delisting is voluntary or involuntary for BTA?
The filing characterizes the action as a voluntary withdrawal. It states the Issuer complied with Exchange rules governing voluntary withdrawal of the class of securities from listing and registration.
Will BlackRock receive proceeds from this Form 25 action for BTA?
The Form 25 concerns removal from listing and does not address proceeds. The filing only certifies compliance with withdrawal rules; it does not state any cash consideration or proceeds.
What exchange action is recorded in BTA's Form 25?
The New York Stock Exchange LLC certified it has reasonable grounds to file Form 25 to strike the class of Common Shares from listing and/or withdraw registration, citing compliance with Rule 12d2-2.