Dayforce (NYSE: DAY) common stock to be removed from NYSE listing
Rhea-AI Filing Summary
Dayforce, Inc. is having its common stock removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The NYSE filed Form 25, certifying it met all requirements to strike this class of securities.
The notice states that, under 17 CFR 240.12d2-2(b), the Exchange followed its rules to remove the common stock, and under 17 CFR 240.12d2-2(c), Dayforce complied with Exchange rules and regulatory requirements for voluntary withdrawal of the listing and registration.
Positive
- None.
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- Dayforce common stock removed from NYSE listing and registration, as the Exchange filed Form 25 under Section 12(b) after confirming compliance with its rules and applicable SEC regulations.
Insights
Dayforce common stock is being removed from NYSE listing and registration.
The notification confirms that Dayforce, Inc. common stock is being struck from listing and registration on the New York Stock Exchange under Section 12(b) of the Exchange Act. Form 25 is the formal mechanism the Exchange uses to implement this removal.
The text cites 17 CFR 240.12d2-2(b) and (c), stating both the Exchange and the issuer complied with applicable rules, including those governing voluntary withdrawal. The NYSE certifies it has reasonable grounds to file this Form 25, indicating the process follows established regulatory procedures.
This type of removal typically matters to shareholders because it changes where and how the security can be listed and registered, though specific trading consequences or alternatives are not described in the provided excerpt and would depend on additional disclosures outside this text.