[25-NSE] CoreCard Corp SEC Filing
CoreCard Corp (CCRD) announced a change to its stock market status. The New York Stock Exchange filed a Form 25 to remove the company’s common stock from listing and/or registration under Section 12(b) of the Exchange Act.
The notice states the Exchange has complied with its rules to strike the class of securities, and that the issuer has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal. This filing is an administrative step that precedes delisting from the NYSE.
- None.
- Removal from NYSE listing/registration may reduce liquidity and index eligibility
Insights
NYSE filed Form 25 to remove CCRD from listing.
The filing indicates CoreCard’s common stock is being removed from NYSE listing and/or registration under Section 12(b). The notice states both that the Exchange complied with its delisting rules and that the issuer complied with voluntary withdrawal requirements under 12d2-2(c).
For investors, removal from a national exchange often reduces trading liquidity and may shift trading to over-the-counter venues. Actual market impact depends on post-delisting trading arrangements and investor demand.