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[25-NSE] Durect Corp SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
25-NSE

DURECT Corp (DRRX) filed a Form 25 notice with the SEC to remove a class of its securities from listing and/or registration on the Nasdaq Stock Market LLC. The filing includes the issuer's principal office address in Cupertino, California, and Nasdaq's certification that it has reasonable grounds to file the Form 25 and complied with applicable rules for withdrawal or delisting.

DURECT Corp (DRRX) ha presentato al SEC un avviso Form 25 per rimuovere una classe dei suoi titoli dalla quotazione e/o registrazione sul Nasdaq Stock Market LLC. La comunicazione riporta l’indirizzo della sede principale della società a Cupertino, California, e la certificazione del Nasdaq che sussistono motivi ragionevoli per la presentazione del Form 25 e che sono state rispettate le norme applicabili per il ritiro o la cancellazione dalla lista.

DURECT Corp (DRRX) presentó ante la SEC un aviso Form 25 para retirar una clase de sus valores de la cotización y/o registro en el Nasdaq Stock Market LLC. La presentación incluye la dirección de la oficina principal del emisor en Cupertino, California, y la certificación de Nasdaq de que existen motivos razonables para presentar el Form 25 y que se cumplió con las normas aplicables para la retirada o exclusión.

DURECT Corp(DRRX)는 증권의 한 등급을 나스닥 스톡 마켓 LLC에서 상장 및/또는 등록 해제하기 위해 SEC에 Form 25 통지를 제출했습니다. 제출문에는 캘리포니아 쿠퍼티노에 있는 발행사의 본사 주소와, Form 25 제출에 합리적 사유가 있으며 상장취소 또는 등록해제 관련 적용 규정을 준수했다는 나스닥의 인증이 포함되어 있습니다.

DURECT Corp (DRRX) a déposé auprès de la SEC un avis Form 25 visant à retirer une catégorie de ses titres de la cote et/ou de l’enregistrement au Nasdaq Stock Market LLC. le dépôt indique l’adresse du siège social de l’émetteur à Cupertino, Californie, ainsi que la certification du Nasdaq attestant qu’il existe des motifs raisonnables pour déposer le Form 25 et que les règles applicables au retrait ou au retrait de cote ont été respectées.

DURECT Corp (DRRX) hat bei der SEC eine Form-25-Mitteilung eingereicht, um eine Klasse ihrer Wertpapiere von der Notierung und/oder Registrierung an der Nasdaq Stock Market LLC zu entfernen. Die Einreichung enthält die Anschrift der Hauptniederlassung des Emittenten in Cupertino, Kalifornien, sowie die Bestätigung der Nasdaq, dass hinreichende Gründe für die Einreichung der Form 25 vorliegen und die einschlägigen Regeln für den Rückzug oder das Delisting eingehalten wurden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Form 25 notifies removal of a class of DURECT's securities from Nasdaq, a significant corporate action affecting listing status.

The filing is a formal notice under Section 12(b) that the issuer's securities will be struck from Nasdaq listing and/or registration. It records Nasdaq's certification that procedural requirements were met. This step is material to shareholders because it changes the trading venue and regulatory reporting implications for the listed class of securities.

TL;DR: The Form 25 signals delisting/withdrawal of DURECT's securities from Nasdaq, which is typically negative for liquidity and investor access.

The document provides the issuer name, exchange, and principal office contact but does not state reasons, effective date, or which specific class is affected. Without those details, assessing timing and market impact is limited; however, removal from a national exchange usually reduces liquidity and may change regulatory obligations for the security.

DURECT Corp (DRRX) ha presentato al SEC un avviso Form 25 per rimuovere una classe dei suoi titoli dalla quotazione e/o registrazione sul Nasdaq Stock Market LLC. La comunicazione riporta l’indirizzo della sede principale della società a Cupertino, California, e la certificazione del Nasdaq che sussistono motivi ragionevoli per la presentazione del Form 25 e che sono state rispettate le norme applicabili per il ritiro o la cancellazione dalla lista.

DURECT Corp (DRRX) presentó ante la SEC un aviso Form 25 para retirar una clase de sus valores de la cotización y/o registro en el Nasdaq Stock Market LLC. La presentación incluye la dirección de la oficina principal del emisor en Cupertino, California, y la certificación de Nasdaq de que existen motivos razonables para presentar el Form 25 y que se cumplió con las normas aplicables para la retirada o exclusión.

DURECT Corp(DRRX)는 증권의 한 등급을 나스닥 스톡 마켓 LLC에서 상장 및/또는 등록 해제하기 위해 SEC에 Form 25 통지를 제출했습니다. 제출문에는 캘리포니아 쿠퍼티노에 있는 발행사의 본사 주소와, Form 25 제출에 합리적 사유가 있으며 상장취소 또는 등록해제 관련 적용 규정을 준수했다는 나스닥의 인증이 포함되어 있습니다.

DURECT Corp (DRRX) a déposé auprès de la SEC un avis Form 25 visant à retirer une catégorie de ses titres de la cote et/ou de l’enregistrement au Nasdaq Stock Market LLC. le dépôt indique l’adresse du siège social de l’émetteur à Cupertino, Californie, ainsi que la certification du Nasdaq attestant qu’il existe des motifs raisonnables pour déposer le Form 25 et que les règles applicables au retrait ou au retrait de cote ont été respectées.

DURECT Corp (DRRX) hat bei der SEC eine Form-25-Mitteilung eingereicht, um eine Klasse ihrer Wertpapiere von der Notierung und/oder Registrierung an der Nasdaq Stock Market LLC zu entfernen. Die Einreichung enthält die Anschrift der Hauptniederlassung des Emittenten in Cupertino, Kalifornien, sowie die Bestätigung der Nasdaq, dass hinreichende Gründe für die Einreichung der Form 25 vorliegen und die einschlägigen Regeln für den Rückzug oder das Delisting eingehalten wurden.

UNITED STATES
OMB APPROVAL
OMB Number: 3235-0080
Expires: March 31, 2018
Estimated average burden
hours per response: 1.7
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 000-31615
Issuer: DURECT CORP
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 10260 Bubb Road
Cupertino CALIFORNIA 95014
Telephone number: +1 408 777-1417
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Common Stock
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.
2025-09-11 By Tara Petta AVP
Date Name Title
1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
DURECT

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59.31M
27.26M
12.67%
23.58%
1.11%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
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United States
CUPERTINO