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Dada Nexus Limited has filed Form 15-12G to voluntarily terminate the registration of its securities and suspend its reporting obligations under the Securities Exchange Act of 1934. The filing affects the company's Ordinary Shares and American Depositary Shares (ADSs), with each ADS representing four Ordinary Shares.
Key details of the deregistration:
- Filing date: June 28, 2025
- Commission File Number: 001-39305
- Number of holders of record: One
- Company relies on Rules 12g-4(a)(1) and 12h-3(b)(1)(i) for termination
The certification was signed by Henry Jun Mao, Chief Financial Officer, on June 26, 2025. This action typically indicates the company's intention to terminate its U.S. securities registration and end its SEC reporting requirements, which could affect the trading of its securities in U.S. markets.