Carter's delists preferred stock purchase rights
The NYSE and Carter’s have completed the regulatory steps to delist Carter’s Preferred Stock Purchase Rights from Section 12(b) listing.
Rhea-AI Filing Summary
CARTERS INC (CRI) is having its Preferred Stock Purchase Rights removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The NYSE states it has complied with its rules to strike this class of securities, and Carter’s has complied with the Exchange’s rules and SEC requirements governing voluntary withdrawal.
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Key Terms
Preferred Stock Purchase Rights, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2
3 terms
Preferred Stock Purchase Rights financial
"Preferred Stock Purchase Rights (Description of class of securities)"
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"registration under Section 12(b) of the Securities Exchange Act of 1934"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Carter’s Inc. (CRI) disclose in this Form 25 filing?
It states that Carter’s Preferred Stock Purchase Rights are being removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934, with both the NYSE and Carter’s having complied with applicable rules.
Which Carter’s (CRI) security is affected by this Form 25?
The filing covers only Carter’s Preferred Stock Purchase Rights, described as the relevant class of securities. The New York Stock Exchange has moved to strike this specific class from its listing and Section 12(b) registration.
Is the Carter’s (CRI) delisting of Preferred Stock Purchase Rights voluntary?
The filing references 17 CFR 240.12d2-2(c), stating that Carter’s has complied with the Exchange’s rules and SEC requirements governing the voluntary withdrawal of this class of securities from listing and registration.
What regulatory rules are cited in Carter’s (CRI) Form 25?
The document cites Section 12(b) of the Securities Exchange Act of 1934 and several SEC rules, including 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), as the framework for striking and voluntarily withdrawing the Preferred Stock Purchase Rights from listing.
Who filed the Carter’s (CRI) Form 25 to delist the rights?
The notification is filed by New York Stock Exchange LLC. It is signed on the Exchange’s behalf by Anthony Sozzi, identified as Analyst, Market Watch, certifying reasonable grounds for filing Form 25.
AI-generated analysis. How Rhea-AI works. Not financial advice.
