Clearwater Analytics (NYSE: CWAN) delists Class A common stock from NYSE
Rhea-AI Filing Summary
Clearwater Analytics Holdings submitted a Form 25 to remove its Class A Common Stock from listing and registration on the New York Stock Exchange LLC.
The filing states the Exchange and the issuer complied with the procedures in 17 CFR 240.12d2-2 governing withdrawal of a class of securities and is signed by Tyler Mastronardi, Analyst, Market Watch.
Positive
- None.
Negative
- None.
Insights
Form 25 notifies the SEC that the issuer's Class A shares will be removed from NYSE listing under 17 CFR 240.12d2-2.
The filing records a voluntary withdrawal process: it states the Exchange "has complied with its rules" and the issuer "has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c)." This frames the action as an administrative delisting/withdrawal rather than a contested enforcement action.
Timing, market effects, and post-withdrawal trading venue are not specified in the provided excerpt; subsequent filings would show the effective date and any transition arrangements.