Diamond Hill Investment Group (NASDAQ: DHIL) withdraws listing from Nasdaq
Rhea-AI Filing Summary
Diamond Hill Investment Group Inc notified the Nasdaq Stock Market LLC of the voluntary withdrawal of its Common Stock from listing and registration under Section 12(b) of the Securities Exchange Act of 1934. The notification states both the Exchange and the issuer complied with the procedures in 17 CFR 240.12d2-2.
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Key Figures
Commission File Number: 000-24498
Cited Rule: 17 CFR 240.12d2-2
Issuer Address: 325 John H. McConnell Blvd., Suite 200
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Commission File Number
000-24498
Form 25 cover entry
Cited Rule
17 CFR 240.12d2-2
Referenced subsections (a)(1)–(a)(4), (b), (c)
Issuer Address
325 John H. McConnell Blvd., Suite 200
Columbus, OH 43215
Issuer Telephone
+1 614 255-3333
Contact listed on Form 25
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b)"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Why did Diamond Hill (DHIL) file Form 25 with Nasdaq?
To notify Nasdaq of a voluntary withdrawal of its Common Stock from listing and registration. The filing certifies the Exchange and the issuer complied with the procedures in 17 CFR 240.12d2-2 for removal under Section 12(b).
Does the Form 25 state who initiated the withdrawal for DHIL?
The filing indicates the issuer complied with exchange rules for voluntary withdrawal. Nasdaq certifies that it has reasonable grounds for the Form 25 and the notification was signed by an Exchange officer.
What regulatory rule does the DHIL Form 25 cite?
The filing cites 17 CFR 240.12d2-2. The notification references subsections (a)(1)–(a)(4) and (b)/(c) concerning the Exchange's and issuer's compliance with removal procedures.
Who signed the Form 25 filing for Nasdaq in the DHIL notice?
The Form 25 was signed on behalf of Nasdaq Stock Market LLC by Tara Petta, AVP. The form includes a signature block naming Tara Petta and her title.
What contact information appears in the DHIL Form 25?
Diamond Hill’s listed address is 325 John H. McConnell Blvd., Suite 200, Columbus, OH 43215. The form also provides a telephone number of +1 614 255-3333.