Cadeler A/S gives notice of voluntary NYSE delisting

Cadeler A/S’s American Depositary Shares, each representing four shares of common stock, are covered by a Form 25 notification for removal from listing and registration on the New York Stock Exchange.

Available on EDGAR 11/05/2026 - 08:51 AM EST Accepted by SEC EDGAR 11/05/2026 - 08:51 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Cadeler A/S’s American Depositary Shares, each representing four shares of common stock, are covered by a Form 25 notification for removal from listing and registration on the New York Stock Exchange. The notification states that the Exchange complied with its rules to strike the class and that Cadeler A/S complied with requirements for voluntary withdrawal.

Key Figures

Common shares per American Depositary Share: 4 shares

1 metrics

Common shares per American Depositary Share 4 shares Each American Depositary Share represents four shares of common stock

Key Terms

American Depositary Shares, voluntary withdrawal, Section 12(b)

3 terms

American Depositary Shares technical

"Cadeler A/S: American Depositary Shares"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

voluntary withdrawal regulatory

"governing the voluntary withdrawal of the class"

Section 12(b) regulatory

"under Section 12(b) of the Securities Exchange Act of 1934"

Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-41889

Issuer:	Cadeler A/S
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	KALVEBOD BRYGGE 43
	Copenhagen V
Telephone number:					+45 3246 3100

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Cadeler A/S: American Depositary Shares (each representing four (4) shares of Common Stock)

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-11-05	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.