Brazilian Electric Power Co (EBR) ADSs removed from NYSE listing

Rhea-AI Filing Summary

Brazilian Electric Power Co is being removed from trading on the New York Stock Exchange. The exchange filed a Form 25 to notify that the company’s American Depositary Shares, each representing one preferred share, are being taken off the NYSE under Section 12(b) of the Securities Exchange Act of 1934.

The NYSE states it has followed its own rules to strike this class of securities from listing and/or withdraw their registration, and that the issuer has complied with the exchange’s rules and applicable SEC requirements for voluntary withdrawal from listing and registration. After this process, the company’s ADSs will no longer be listed on the NYSE, which typically means investors will need to trade the securities on another market if one is available.

Insights

Equity Markets & Listing Analyst

Brazilian Electric Power Co ADSs are being delisted from the NYSE.

The filing shows that Brazilian Electric Power Co American Depositary Shares, each tied to one preferred share, are being removed from listing and registration on the New York Stock Exchange under Section 12(b). The exchange certifies that it followed its own rules to strike this class of securities.

It also states the issuer complied with NYSE rules and SEC requirements for a voluntary withdrawal. That wording indicates a structured, rule-based process rather than an involuntary removal for noncompliance, although no rationale or post-delisting trading venue is specified in the text.

Once the delisting and deregistration are effective, trading of these ADSs on the NYSE will cease, and liquidity and pricing transparency will depend on any alternative markets available. Subsequent company or regulatory disclosures would clarify how investors can continue to trade or hold these instruments.

UNITED STATES

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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

001-34129

Issuer:	BRAZILIAN ELECTRIC POWER CO
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	Av. Graca Aranha 26 Centro
	Rio de Janeiro		20030-000
Telephone number:					55 21 25146331

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

American Depositary Shares (Each representing one Preferred Share)

(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, NEW YORK STOCK EXCHANGE 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.

2025-12-29	By	Tyler Mastronardi		Analyst, Market Watch
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.

FAQ

What does Brazilian Electric Power Co (EBR) disclose in this Form 25?

The document states that Brazilian Electric Power Co American Depositary Shares, each representing one preferred share, are being removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.

Which securities of Brazilian Electric Power Co (EBR) are affected by the NYSE action?

The affected securities are the American Depositary Shares of Brazilian Electric Power Co, with each ADS representing one preferred share of the company.

Is the Brazilian Electric Power Co (EBR) NYSE delisting described as voluntary?

The text states that the issuer has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c), which govern the voluntary withdrawal of a class of securities from listing and registration on the exchange.

Who filed the notification to remove Brazilian Electric Power Co ADSs from the NYSE?

The notification is filed by the New York Stock Exchange LLC, which certifies it has reasonable grounds to believe it meets all requirements for filing Form 25 and signs the notification through an authorized person.

What regulatory basis is cited for Brazilian Electric Power Co (EBR) ADS removal from listing?

The removal is made under Section 12(b) of the Securities Exchange Act of 1934 and related SEC rules, including 17 CFR 240.12d2-2(b) for the exchange’s action and 17 CFR 240.12d2-2(c) for the issuer’s voluntary withdrawal from listing and registration.

What does this Form 25 mean for trading Brazilian Electric Power Co ADSs on the NYSE?

Once the delisting and deregistration process is completed under this Form 25, Brazilian Electric Power Co American Depositary Shares will no longer trade on the New York Stock Exchange, and investors would need to rely on any other available markets to trade them.