Nasdaq moves to delist DIH Holding US (DHAI) stock and warrants
Rhea-AI Filing Summary
DIH Holding US, Inc. is having its Class A common stock and warrants removed from listing and/or registration on the Nasdaq Stock Market LLC. Nasdaq filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934, certifying it has met the regulatory requirements to strike these securities from the exchange. This action means the company’s common shares and related warrants will no longer trade on Nasdaq, which typically reduces trading liquidity and shifts any future trading to alternative markets, if available.
Positive
- None.
Negative
- Nasdaq removal of DIH Holding US Class A common stock and warrants is a material negative event that typically reduces liquidity and market visibility for the securities.
Insights
Nasdaq is removing DIH Holding US shares and warrants from its exchange, a materially negative liquidity event.
The filing shows that Nasdaq Stock Market LLC has submitted a Form 25 to remove DIH Holding US, Inc. Class A common stock and warrants from listing and/or registration under Section 12(b) of the Exchange Act. Nasdaq certifies it has complied with its own rules and the SEC’s Rule 12d2-2 in taking this step.
Once the Form 25 process is completed, these securities will no longer trade on Nasdaq, which usually leads to lower liquidity, wider bid-ask spreads, and reduced visibility among institutional investors. Any continued trading would need to occur on alternative venues outside Nasdaq, and the practical impact will depend on whether such markets develop and how active they become.